• bedwyr@piefed.ca
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      11 days ago

      It is kind of here already actually. The price of the distillates per barrel are that high according to reuters, the post refining usually adds 15% to the cost, but it’s at 100% or so now. I need to re-read this article myself.

      The brent crude benchmark is dated they say.

      I can’t find the article on a search engine here despite it being just a few days old. I will update if I find, it’s on one of my comments but that is buried. Startpage isn’t even trying, I said reuters and they only gave me 1 that was even halfway close from them.

  • mrdown@lemmy.worldBanned
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    12 days ago

    The idiot Arab countries thought they would be able to escape the blockade on oil instead of making a deal, with Iran