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According to Kpler data, global crude refinery throughput plummeted by 4.8 million barrels per day (6%) in the second quarter due to the Middle East conflict at the end of February 2026, before rebounding by 1.8 million barrels per day in the third quarter, mainly as refineries adapted to new trade flows.
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Previous: Brent crude fell 2.8% and WTI crude fell 1.8% on reports from Al-Araby Al-Jadeed that progress has been made on a US-Iran agreement.
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Next: U.S. factory activity strengthened in October, with the ISM Manufacturing PMI rising to 59.0, which could complicate Bitcoin's hopes for interest rate cuts.
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