Prices for refined product and crude oil futures were falling Friday morning, with contracts on track for sharp week-to-week losses. The losses come following a weaker-than-anticipated jobs.
One year ago, the reopening of China was predicted to be a catalyst for oil markets. That didn't work out quite the way pundits predicted. The commodities.
Multiple reports this morning indicate that the Phillips 66 refinery in Bayway, NJ, had an overnight explosion and fire that injured at least three people.