Diesel Crack Spread Hits Record Highs as the Global Downstream Market Is Hit by Drones and Oil Shortages
The global diesel market is no longer just tight. It is rationing by price. This week the ICE gasoil crack — the difference between a barrel of crude and the diesel refined from it — hit a record $79 a barrel. In the United States, the diesel crack is trading well above $100 a barrel […]
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