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● Brent rose above $106 after weekend strikes on Riyadh's airport raised supply fears.
● Delek is a downstream energy company centered on petroleum refining, logistics and marketing.
● Brent rose above $106, roughly a two-week high, after strikes on Riyadh's airport.
● The gain joined a broad rally across crude-tanker stocks.
Brent crude traded near 106.48 US dollars a barrel, up 1.68% on the day and 0.96% over the month, while West Texas Intermediate gained 1.94% to 93.63 US dollars. Annual gains of 68.50% and 57.82% show how much risk premium the market has absorbed.
Gasoline is the largest refined product consumed in the United States, which makes its price a useful gauge of transport costs and consumer activity. The wholesale benchmark is RBOB futures, traded on NYMEX, where each contract covers 42,000 gallons, equal to 1,000 barrels, with …
US heating oil traded at 4.7112 US dollars per gallon, down 0.57% on the day and 4.91% over the past month. Even so, it remains 109.71% above its level a year ago, the largest annual rise among the main energy contracts, which underlines how …
US natural gas futures traded near 3.17 US dollars per million British thermal units, down 1.50% on the day but up 9.37% across the past month. The retreat followed a two-week high in the prior session, when Hurricane Isaias forced producers to shut in …
● Market data consensus target is $86.35, implying about 18.8% upside.
● Market data consensus target is $159.23, implying about 7.5% upside.
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