Crude Oil & Petroleum Product Prices Increased Sharply in the First Quarter of 2026

CleanTechnica
By US Energy Information AdministrationApr 7, 2026, 11:57 pm117 ptsTrending
Crude oil and petroleum product prices increased significantly in the first quarter of 2026 (1Q26), particularly following military action in the Middle East on February 28 and the subsequent de facto closure of the Strait of Hormuz. In this quarterly update, we review petroleum markets price developments in…

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