U.S. Producer Prices Climb 6.3% as Diesel Jumps 21% in a Month; IEA Releases 20M+ Barrels, Russia Restarts Exports
According to Jin10, the U.S. Producer Price Index (PPI) rose 6.3% year over year, while diesel prices surged 21% in just one month. The same day, the International Energy Agency ($IEA) tapped emergency reserves to release more than 20 million barrels of diesel, and Russia confirmed it had restarted diesel exports.
According to Jin10, the U.S. Producer Price Index (PPI) rose 6.3% year over year, while diesel prices surged 21% in just one month. The same day, the International Energy Agency ($IEA) tapped emergency reserves to release more than 20 million barrels of diesel, and Russia confirmed it had restarted diesel exports.