🚨 $100+ DIESEL MARGIN. READ THAT AGAIN.
The U.S. diesel crack spread just hit a record $102.20 per barrel.
That is not just a refinery story.
It is a warning about what happens when global fuel supply gets squeezed while demand stays strong. Disruptions linked to Iran and Ukraine have reduced available diesel supplies, while peak agricultural demand is adding more pressure.
And here is the part markets may be underestimating:
Diesel is the fuel behind trucks, farms, shipping, construction and logistics.
When diesel gets this expensive, the cost doesn't stay inside the energy sector. It can eventually show up in transportation costs, food prices and broader inflation.
Crude gets the headlines.
Diesel may be the bigger warning signal right now.
Watch the crack spread. If it stays elevated, the inflation story could get much harder to ignore.
$CL
#USDieselMarginsTopRecord$100ABarrel
The U.S. diesel crack spread just hit a record $102.20 per barrel.
That is not just a refinery story.
It is a warning about what happens when global fuel supply gets squeezed while demand stays strong. Disruptions linked to Iran and Ukraine have reduced available diesel supplies, while peak agricultural demand is adding more pressure.
And here is the part markets may be underestimating:
Diesel is the fuel behind trucks, farms, shipping, construction and logistics.
When diesel gets this expensive, the cost doesn't stay inside the energy sector. It can eventually show up in transportation costs, food prices and broader inflation.
Crude gets the headlines.
Diesel may be the bigger warning signal right now.
Watch the crack spread. If it stays elevated, the inflation story could get much harder to ignore.
$CL
#USDieselMarginsTopRecord$100ABarrel