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US Diesel Margins Hit Historic High♐
US diesel refining margins have surged past $100 a barrel for the first time, hitting a record high near $102 amid a deepening global fuel supply crunch.
Tight inventories (lowest for this time of year since 1996), disruptions from geopolitical tensions, and strong export demand are driving the spike. Refiners are seeing exceptional profitability even as consumers face higher fuel costs.
A clear signal of stress in the refined products market.
$OIS.US #Diesel #Oil #Energy #Refining #CoinVahini
US diesel refining margins have surged past $100 a barrel for the first time, hitting a record high near $102 amid a deepening global fuel supply crunch.
Tight inventories (lowest for this time of year since 1996), disruptions from geopolitical tensions, and strong export demand are driving the spike. Refiners are seeing exceptional profitability even as consumers face higher fuel costs.
A clear signal of stress in the refined products market.
$OIS.US #Diesel #Oil #Energy #Refining #CoinVahini
OISUS-1,12%
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