{"version":"1","article":{"id":"us-third-quarter-oil-price-refinery-margin-rises","slug":"us-third-quarter-oil-price-refinery-margin-rises","language":"en","url":"https://haberpaper.com/en/news/us-third-quarter-oil-price-refinery-margin-rises","api_url":"https://haberpaper.com/api/v1/articles/us-third-quarter-oil-price-refinery-margin-rises?lang=en","title":"EIA says crude prices and refinery margins generally rose in the third quarter","summary":"EIA reported Brent spot prices reached $132 a barrel in mid-September and U.S. refinery utilization averaged 95% during the quarter.","category":"energy","region":"world","topics":[],"published_at":"2026-10-08T01:26:48+03:00","modified_at":"2026-10-08T01:26:48+03:00","publication_basis":"publication-record","event_period":"2026-09","event_period_basis":"event-or-reference-period","sources":[{"name":"U.S. Energy Information Administration","url":"https://www.eia.gov/todayinenergy/detail.php?id=68245","publishedAt":"2026-10-05","checkedAt":"2026-10-08"}],"translations":[{"language":"tr","url":"https://haberpaper.com/tr/news/us-third-quarter-oil-price-refinery-margin-rises","api_url":"https://haberpaper.com/api/v1/articles/us-third-quarter-oil-price-refinery-margin-rises?lang=tr"},{"language":"en","url":"https://haberpaper.com/en/news/us-third-quarter-oil-price-refinery-margin-rises","api_url":"https://haberpaper.com/api/v1/articles/us-third-quarter-oil-price-refinery-margin-rises?lang=en"},{"language":"ar","url":"https://haberpaper.com/ar/news/us-third-quarter-oil-price-refinery-margin-rises","api_url":"https://haberpaper.com/api/v1/articles/us-third-quarter-oil-price-refinery-margin-rises?lang=ar"},{"language":"fr","url":"https://haberpaper.com/fr/news/us-third-quarter-oil-price-refinery-margin-rises","api_url":"https://haberpaper.com/api/v1/articles/us-third-quarter-oil-price-refinery-margin-rises?lang=fr"},{"language":"es","url":"https://haberpaper.com/es/news/us-third-quarter-oil-price-refinery-margin-rises","api_url":"https://haberpaper.com/api/v1/articles/us-third-quarter-oil-price-refinery-margin-rises?lang=es"}],"data_types":["metrics"],"data":{"version":1,"blocks":[{"id":"brent-spot","type":"metrics","title":{"tr":"Brent spot fiyatı","en":"Brent spot price","ar":"سعر برنت الفوري","fr":"Prix au comptant du Brent","es":"Precio al contado del Brent"},"description":{"tr":"EIA'nın 2026 üçüncü çeyrek analizinde aktardığı eylül ortası spot zirvesi.","en":"Mid-September spot peak reported in EIA's third-quarter 2026 review.","ar":"ذروة السعر الفوري في منتصف سبتمبر وفق مراجعة الإدارة للربع الثالث 2026.","fr":"Pic au comptant de la mi-septembre selon la revue de l’EIA du troisième trimestre 2026.","es":"Máximo al contado de mediados de septiembre según la revisión del tercer trimestre de la EIA."},"methodology":{"tr":"Bu değer spot fiyatın zirvesidir, dönem ortalaması değildir; EIA aynı analizde vadeli kontrat ölçülerini ayrıca verir.","en":"This is a spot-price peak, not a period average; EIA reports futures measures separately.","ar":"هذه ذروة سعر فوري لا متوسط الفترة؛ وتعرض الإدارة العقود الآجلة بصورة منفصلة.","fr":"Il s’agit d’un pic au comptant, pas d’une moyenne; les contrats à terme sont rapportés séparément.","es":"Es un máximo al contado, no un promedio; los futuros se informan por separado."},"sourceUrls":["https://www.eia.gov/todayinenergy/detail.php?id=68245"],"updatedAt":"2026-10-08T00:42:15+03:00","items":[{"label":{"tr":"Brent spot zirvesi, eylül ortası","en":"Brent spot peak, mid-September","ar":"ذروة برنت الفوري في منتصف سبتمبر","fr":"Pic du Brent au comptant, mi-septembre","es":"Máximo del Brent al contado, mediados de septiembre"},"value":132,"unit":"USD/barrel","period":"2026-09","basis":"observed","measure":{"id":"us-brent-spot-price-peak","unitCode":"usd-per-barrel","geography":"global","frequency":"irregular","aggregation":"unspecified","periodRole":"reference-period"}}]}]},"data_compilations":[{"id":"brent-spot","creator":{"@type":"Organization","@id":"https://haberpaper.com/#organization","name":"Haber Paper","url":"https://haberpaper.com/"},"license":{"@type":"CreativeWork","@id":"https://haberpaper.com/en/data-terms/v1#license","name":"Haber Paper Original Data Compilation License 1.0","url":"https://haberpaper.com/en/data-terms/v1"},"rights_scope":"Haber Paper original data arrangement, labels and methodology notes only; underlying source rights and permissions remain separate.","source_license_url":null}],"data_downloads":[{"id":"brent-spot","formats":{"json":"https://haberpaper.com/api/v1/articles/us-third-quarter-oil-price-refinery-margin-rises/data/brent-spot?lang=en&format=json","csv":"https://haberpaper.com/api/v1/articles/us-third-quarter-oil-price-refinery-margin-rises/data/brent-spot?lang=en&format=csv"}}],"content":{"paragraphs":["The U.S. Energy Information Administration said crude and petroleum-product prices generally increased in the third quarter of 2026, while U.S. refineries operated at high utilization, in an October 5 review. Brent spot prices reached as high as $132 per barrel in mid-September. The analysis depicts a market responsive to supply interruptions and news throughout the quarter; a single-day high is not the period average.","The front-month Brent futures contract began July 1 at $72 per barrel and moved higher after military strikes in the Middle East resumed on July 7. It passed $100 on July 23 and traded between $79 and $98 through September 8. The futures price again exceeded $100 after an escalation on September 9. Spot and futures are distinct market measures and should not be treated as one continuous series.","EIA says flows through the Strait of Hormuz and attacks on regional oil infrastructure influenced price moves. China’s crude imports remained below pre-conflict levels but rose from May and June, adding some demand back to the market. Releases from the U.S. Strategic Petroleum Reserve also slowed in September. These developments reduced some sources of supply relief, but do not determine future prices.","U.S. refineries averaged 95% utilization in the third quarter and processed the most crude oil for a third quarter since 2019, when refining capacity was 4% higher. Gasoline, distillate and jet-fuel crack spreads rose. EIA says the quarterly gasoline spread more than doubled its year-earlier level; distillate and jet-fuel spreads almost tripled amid tight global supply.","For the week ending September 25, U.S. distillate inventories were 13% below the five-year average, gasoline stocks were 7% below, and jet-fuel stocks were 3% above. A crack spread is an approximate difference between product prices and crude costs, not net profit. Operating expenses, product mix, freight, contracts and maintenance affect company results. High utilization also does not mean every refinery earned the same margin.","EIA’s quarterly review reports past price movements and end-period stock comparisons. Geopolitical risks, flows and demand can change with new information, so the quarter’s rise is not a straight-line forecast. The sector signal is that crude supply uncertainty and refined-product margins moved together while U.S. inventory positions differed by fuel. Future prices require separate evidence on supply, demand and policy."],"key_points":[],"sections":[]},"text":"EIA reported Brent spot prices reached $132 a barrel in mid-September and U.S. refinery utilization averaged 95% during the quarter.\n\nThe U.S. Energy Information Administration said crude and petroleum-product prices generally increased in the third quarter of 2026, while U.S. refineries operated at high utilization, in an October 5 review. Brent spot prices reached as high as $132 per barrel in mid-September. The analysis depicts a market responsive to supply interruptions and news throughout the quarter; a single-day high is not the period average.\n\nThe front-month Brent futures contract began July 1 at $72 per barrel and moved higher after military strikes in the Middle East resumed on July 7. It passed $100 on July 23 and traded between $79 and $98 through September 8. The futures price again exceeded $100 after an escalation on September 9. Spot and futures are distinct market measures and should not be treated as one continuous series.\n\nEIA says flows through the Strait of Hormuz and attacks on regional oil infrastructure influenced price moves. China’s crude imports remained below pre-conflict levels but rose from May and June, adding some demand back to the market. Releases from the U.S. Strategic Petroleum Reserve also slowed in September. These developments reduced some sources of supply relief, but do not determine future prices.\n\nU.S. refineries averaged 95% utilization in the third quarter and processed the most crude oil for a third quarter since 2019, when refining capacity was 4% higher. Gasoline, distillate and jet-fuel crack spreads rose. EIA says the quarterly gasoline spread more than doubled its year-earlier level; distillate and jet-fuel spreads almost tripled amid tight global supply.\n\nFor the week ending September 25, U.S. distillate inventories were 13% below the five-year average, gasoline stocks were 7% below, and jet-fuel stocks were 3% above. A crack spread is an approximate difference between product prices and crude costs, not net profit. Operating expenses, product mix, freight, contracts and maintenance affect company results. High utilization also does not mean every refinery earned the same margin.\n\nEIA’s quarterly review reports past price movements and end-period stock comparisons. Geopolitical risks, flows and demand can change with new information, so the quarter’s rise is not a straight-line forecast. The sector signal is that crude supply uncertainty and refined-product margins moved together while U.S. inventory positions differed by fuel. Future prices require separate evidence on supply, demand and policy.","corrections":[],"editorial_illustration":{"kind":"symbolic-editorial-illustration","documentary":false,"scope":"section","asset_id":"energy","url":"https://haberpaper.com/assets/illustrations/energy-1536.webp","width":1536,"height":1024,"alt":"Symbolic energy landscape with solar panels, wind turbines and transmission lines.","language":"en"},"section_illustration":{"kind":"symbolic-editorial-illustration","documentary":false,"scope":"section","asset_id":"energy","url":"https://haberpaper.com/assets/illustrations/energy-1536.webp","width":1536,"height":1024,"alt":"Symbolic energy landscape with solar panels, wind turbines and transmission lines.","language":"en"}}}