Diesel crack spread surges to record $106 a barrel
Global diesel supplies have faced severe constraints since the U.S. and Israel first attacked Iran in late February.
Global diesel supplies have faced severe constraints since the U.S. and Israel first attacked Iran in late February.
BELLINGS Intelligence Score: 38
Why it matters
The record surge in the diesel crack spread to $106 a barrel signals severe constraints in global diesel supplies, likely impacting fuel costs and transportation sectors broadly, but it remains a notable market activity rather than a structural or systemic event.
Sources
Transport Topics
Diesel crack spread surges to record $106 a barrel
Global diesel supplies have faced severe constraints since the U.S. and Israel first attacked Iran in late February.