Crude Oil Prices Recover Amid Rising Crack Spread

Crude oil and gasoline prices rebounded after the crack spread hit a four-year high, encouraging refiners to increase crude purchases. Early losses were driven by increased flows through Hormuz and an OPEC+ production target hike.

By Rich Asplund Mon, July 6, 2026 at 6:57 PM GMT+3 4 min read · Yahoo Finance · July 6, 2026, 15:57 UTC

Crude Oil Prices Recover Amid Rising Crack Spread

Topics: crack spread crude oil gasoline prices OPEC+

Read the full article at Yahoo Finance

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