---
title: "Brent and refining margins rose in the third quarter of 2026 — Master Services"
description: "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…"
url: "https://masterservices.org/en/noticias/brent-y-margenes-de-refinacion-subieron-en-el-tercer-trimestre-de-2026-ffe36f78/"
language: "en"
---

Oil and prices

Global Brent market / U.S. refining

# Brent and refining margins rose in the third quarter of 2026

Master Services Technical Team · Selection and context

Published by Master Services · 6 October 2026 at 08:35 GMT-5

Automated curation

![Illustration of storage tanks, pipelines and an oil tanker.](https://masterservices.org/images/news/oil-20260925.webp)

Conceptual illustration · Master Services.

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.

## Original source

U.S. Energy Information Administration (EIA)

Source publication: 5 October 2026

[Read the original document (opens in a new tab)](https://www.eia.gov/todayinenergy/detail.php?id=68245)

Automated summary, without individual human review.

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Automated curation · Source: U.S. Energy Information Administration (EIA)

Published by Master Services: 6 Oct 2026

[Read our summary](https://masterservices.org/en/noticias/exportaciones-estadounidenses-de-propano-crecieron-11-en-el-primer-semestre-de-2026-99a71850/)

 

[Original source (opens in a new tab)](https://www.eia.gov/todayinenergy/detail.php?id=68244)

[![An illuminated fuel station from the Master Services photo archive.](https://masterservices.org/images/obra/obra-104.webp?v=7e3f6a05b24b)](https://masterservices.org/en/noticias/panama-actualizo-los-precios-de-combustibles-para-el-periodo-del-18-de-septiembre-al-2-de-octubre-b5af2709/)

Photo archive

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Source date: 16 Sept 2026

### [Panama updated fuel prices for the 18 September–2 October period](https://masterservices.org/en/noticias/panama-actualizo-los-precios-de-combustibles-para-el-periodo-del-18-de-septiembre-al-2-de-octubre-b5af2709/)

Reviewed selection · Source: Secretaría Nacional de Energía de Panamá

Published by Master Services: 25 Sept 2026

[Read our summary](https://masterservices.org/en/noticias/panama-actualizo-los-precios-de-combustibles-para-el-periodo-del-18-de-septiembre-al-2-de-octubre-b5af2709/)

 

[Original source (opens in a new tab)](https://www.energia.gob.pa/comunicado-de-prensa-actualizacion-de-los-precios-de-los-combustibles-del-18-de-septiembre-al-2-de-octubre-de-2026/)

[![Concept illustration of storage tanks, pipelines, rail tank cars and road transport.](https://masterservices.org/images/news/oil-demand-20260927.webp)](https://masterservices.org/en/noticias/la-iea-preve-una-caida-de-la-demanda-petrolera-mundial-en-2026-17ed2874/)

Conceptual illustration

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Source date: 11 Sept 2026

### [IEA forecasts lower global oil demand in 2026](https://masterservices.org/en/noticias/la-iea-preve-una-caida-de-la-demanda-petrolera-mundial-en-2026-17ed2874/)

Automated curation · Source: Agencia Internacional de Energía (IEA)

Published by Master Services: 26 Sept 2026

[Read our summary](https://masterservices.org/en/noticias/la-iea-preve-una-caida-de-la-demanda-petrolera-mundial-en-2026-17ed2874/)

 

[Original source (opens in a new tab)](https://www.iea.org/reports/oil-market-report-september-2026)

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