Even though global crude oil costs have experienced another daily decline, markets for refined products are heading on a completely different trajectory. Based on the AAA data provided below, a gallon of diesel has now surpassed the $6.50 mark, while regular gasoline is hovering right around $4.50.
On a related note, it is very interesting to see how these refined goods are increasingly taking center stage in diplomatic discussions. The recent example from the Financial Times shown below highlights this emerging trend, which is unfolding alongside mounting demands to implement export bans.
#economy #markets #energy #oil #diesel @FT
On a related note, it is very interesting to see how these refined goods are increasingly taking center stage in diplomatic discussions. The recent example from the Financial Times shown below highlights this emerging trend, which is unfolding alongside mounting demands to implement export bans.
#economy #markets #energy #oil #diesel @FT
