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Heavy crude oil
News updates related to heavy crude oil.
Heavy American crude oil prices hit multi-year highs as the Iran conflict disrupted supply.
Tensions in the Strait of Hormuz have cut Middle Eastern supplies, pushing Mars crude oil prices to a premium of $5.50 per barrel over WTI crude, the highest since 2020.
Market
Heavy crude oil prices in the Americas reached multi-year highs due to the conflict in Iran.
Tensions in Iran are disrupting Middle Eastern supplies, forcing refineries to seek alternative sources and pushing sour crude oil prices to their highest levels in nearly six years.
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