Oil and prices
Global Brent market / U.S. refining
Brent and refining margins rose in the third quarter of 2026
Master Services Technical TeamSelection and context
Published by Master Services
Automated curation
Image details
Editorial illustration generated with AI for Master Services.
Summary
Front-month Brent futures reached US$109 per barrel on September 15; spot prices reached US$132 around that time. EIA reports that the quarterly average gasoline refining margin more than doubled its year-earlier level; distillate and jet fuel margins nearly tripled.
Why it may matter to operators
A refining margin is not a station margin. These observed prices are neither a forecast nor a consumer fuel price in Panama.
Editorial note
Summary and context by Master Services. Consult the original source and confirm local applicability for each project.
