Why Diesel Prices Are Surging: Refinery Capacity, Russia and Hormuz

Diesel prices are climbing as global refinery capacity remains tight, Russian refinery disruptions reduce exports and uncertainty surrounding the Strait of Hormuz continues to pressure energy markets.

In this episode of Focus on Fuels, Alex Hodis and Trevor McClanahan discuss:

What is driving the latest diesel price rallyHow Russia and Ukraine are affecting global fuel suppliesWhy U.S. diesel exports and refinery margins matterThe impact of refinery maintenance and limited capacityWhether China, India and the United States can help fill the supply gapHow crude oil, jet fuel, gasoline and propane markets may respondWhat to watch in Midwest and Gulf Coast diesel marketsThe discussion also explores potential downside risks, changing global demand and the market factors businesses should monitor as we move into the fall and winter fuel seasons.

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