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Escalating Middle East conflict and structural refinery shortages have triggered severe global fuel shortages. Diesel crack spreads and US pump prices have hit record highs, prompting hedge funds to …
Exxon Mobil is positioned to capitalize on record U.S. diesel crack spreads of $108.02 per barrel. Robust refining margins and strong free cash flow help cushion softer crude prices, although high va…
Escalating Middle East conflict and Ukrainian drone strikes on Russian refineries have knocked out substantial global refining capacity. With diesel crack spreads reaching record triple digits and in…
The U.S. diesel crack spread surged to an unprecedented $102 per barrel, driven by tight distillate inventories, global refinery disruptions, and capacity constraints. While crude oil prices remain s…
Diesel margins have reached record highs, benefiting major refiners and energy producers. Analysts expect diesel demand to accelerate further over the coming weeks amid harvest season demand.
The U.S. diesel crack spread hit an all-time high of $102 per barrel amid refinery outages and Russian export bans. While SPR releases buffer crude benchmarks, severe refining bottlenecks are driving…
Trucking jobs data was flat, easing overhiring fears. Oil/diesel markets remain volatile amid Hormuz tension and Russian refinery strikes widening crack spreads. A Fifth Circuit ruling reinstated Pen…
Extreme heat and drought are crippling Europe's refineries, nuclear plants and hydro output, tightening fuel supply and pushing diesel cracks near 20-year highs, adding bullish pressure to crude oil …
Despite a recent drop in crude prices, global refined product markets are experiencing record-high refining margins and extreme tightness. Ongoing geopolitical conflicts, export bans, and low fuel in…