A significant fire broke out at the Chevron refinery in El Segundo, sending large plumes of smoke and flames into the night sky, visible across the Los Angeles area. Videos of the massive blaze have gone viral, showing the intensity of the fire following a powerful explosion. Firefighters are working diligently to contain the blaze, which is reportedly linked to a jet fuel unit. Fortunately, no injuries have been reported so far. In the wake of the incident, oil prices have risen as the market reacts to the disruption at the refinery.