While sanctions would be aimed at coercing Iran to abandon its nuclear testing program, the world is reliant on Iran continuing to export crude oil into the global markets in order to keep prices from rising, which is a point that Iranian officials have been quick to make. |
While sanctions would be aimed at coercing Iran to abandon its nuclear-testing program, the world is reliant on Iran continuing to export crude oil into the global markets in order to keep prices from rising, which is a point that Iranian officials have been quick to make. |
With the summer driving season quickly approaching, today's larger-than-expected decline in gasoline inventories should be positive for refining margins. |