Reported about 1 year ago
Analysts warn that the combination of record heat and hurricanes in the US could significantly impact fuel prices as oil refiners struggle to cope. The Atlantic hurricane season poses a particular risk to the country's refineries along the Gulf Coast, with the potential for disruptions to fuel supply. Refineries are also facing challenges from unusually high temperatures, which could lead to capacity reductions. However, recent maintenance work and stockpiling efforts may provide some resilience against potential outages.
Source: YAHOO