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RSS feed source: Volcano Discovery.com

In-brief analysis

May 1, 2025

Data source: CME Group, Bloomberg L.P.
Note: Refinery margin is calculated as the 3-2-1 crack spread on the U.S. Atlantic Coast, which represents two barrels of gasoline and one barrel of distillate fuel oil minus three barrels of Brent crude oil. 1Q25=first quarter of 2025

During the first quarter of 2025 (1Q25), crude oil prices generally decreased while U.S. refinery margins initially increased before decreasing in the final month of the quarter. In this quarterly update, we review petroleum markets price developments in 1Q25, covering crude oil prices, refinery margins, biofuel compliance credit prices, and natural gas plant liquids prices.

Crude oil prices
After reaching a quarterly high of $82 per barrel (b) on January 15, crude oil prices generally declined through the end of the first quarter, settling at $75/b

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CHARLESTON, W.Va. – The deadline to apply for FEMA assistance has passed, but FEMA is still here to help West Virginians.

If you have questions about your application, disagree with FEMA’s decision and would like to talk about next steps, or need to update your information, there are several ways to get in touch. You can: 

Visit a Disaster Recovery Center (DRC).Call the FEMA Helpline at 800-621-3362. Lines are open seven days a week.Visit DisasterAssistance.gov.Download the FEMA App.

At a Disaster Recovery Center, you can meet face-to-face with FEMA staff. Centers are still open Monday to Friday, 8 a.m. to 6 p.m. in McDowell, Mingo and Wyoming counties. To find a center nearest you, visit fema.gov/drc or text “DRC” and a Zip Code to 43362. 

Though the deadline to submit an application was April 28, the process to receive assistance can take some time. If FEMA has a question about your application or is trying to schedule an inspection, we may call you. FEMA encourages applicants to answer calls from unknown numbers as we may be trying to reach you. If your phone number has changed since you applied, please let us know by calling our helpline, logging into your online account, or visiting a Disaster Recovery Center. If FEMA cannot reach you, we may temporarily pause your application and you will need to reach out to resume the assistance

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