Diesel exports from Russia fell sharply in April from their prewar level as oil buyers seek to punish one of the world’s biggest suppliers. Shipments of diesel-type fuel out of Russia’s Baltic and Black sea […]
Prices at the pump are at a record high. The national average for a gallon of gasoline hit $4.418 on Thursday, according to AAA. Retail diesel prices are also at an all-time high. Retail diesel […]
Diesel prices have hit record highs due to very tight domestic inventories and a global supply shortage. A combination of spiking demand as the world recovers from Covid and falling supply due to Russia’s invasion […]
Europe risks being exposed to a “systemic” deficit of diesel supply that could worsen and even lead to rationing of fuel, the top executives of the world’s largest independent oil traders said on Tuesday. Following […]
A crude oil shortage is invariably bad news for those that consume oil products. But when it comes to these products, a diesel shortage has the potential to be even more devastating than a crude […]
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