A chemical leak at a PEMEX oil refinery in Deer Park, Texas, on Thursday killed two workers and injured several others, prompting temporary shelter-in-place orders for residents across the city, officials said.
The U.S. benchmark has gained 1% this week, while global benchmark Brent is ahead 0.8%. Oil prices have gained more than 10% through Thursday’s close since Iran hit Israel with ballistic missiles last week.
Curious Minds Corner
Question of the week
What is the process called where crude oil is heated and separated into different components?