Midwest pump prices surge after disruption at Exxon's Illinois refinery
FROM THE WIRE · SEEKINGALPHA.COM
[Oil Prices Volatile As Coronavirus Lockdowns Decimate Demand] Dean Mouhtaropoulos/Getty Images News Chicago-area bulk gasoline prices surged [https://www.crainscleveland.com/transportation/ccl-ohio-gas-prices-jump-20261022/] after ExxonMobil's (XOM…
Read at the source ↗MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishA key unit outage at a major refinery can support refined product margins and the major's shares.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
- 01ExxonMobil's 275K-barrel refinery in Joliet, Illinois, shut a key unit on Wednesday.
- 02The 50K bbl/day catalytic reformer has been offline since October 20, according to Wood Mackenzie.
- 03Chicago bulk blendstock prices rose $0.33 to $3.67 per gallon on Wednesday.
NEWS IMPACT AND MARKET REACTIONChange from the reference price
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets