Large plume of smoke seen after explosion at Chalmette Refining (capacity 185kbpd), Fox reports
Context
The explosion at Chalmette Refining is likely to disrupt supply in the energy market, particularly given its capacity of 185,000 bpd. A significant event like this could lead to increased volatility in oil prices and may invite speculative trading as market participants assess the impact on inventory levels and refinery operations.
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