Business

Oil Crisis Hits Refining Sector

Updated 2026-10-01 13:10 UTC 1 source Negative

The refining sector is facing a crisis due to high oil prices, despite the crude market being stable. This issue is causing significant economic ripple effects.

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MarketWatch

The latest oil-price shock rippling through the economy is a refining crisis — not a crude crisis

‘We’re solving the crude dilemma, but we are not solving the product dilemma’

2026-10-01 12:53 UTC