Global Market: Diesel prices surge to record highs as wars squeeze global fuel supplies
Global diesel markets are facing mounting supply pressures as refinery outages, export curbs and shipping disruptions reduce availability across Europe, the US and Asia. With inventories below seasonal norms and refineries already running at high utilisation rates, further disruptions could leave fuel markets vulnerable to sharper price increases.
Key Takeaways
- Global diesel markets are facing mounting supply pressures as refinery outages, export curbs and shipping disruptions reduce availability across Europe, the US and Asia.
- With inventories below seasonal norms and refineries already running at high utilisation rates, further disruptions could leave fuel markets vulnerable to sharper price increases.
- Full details and original dispatch available below.
Global diesel markets are facing mounting supply pressures as refinery outages, export curbs and shipping disruptions reduce availability across Europe, the US and Asia. With inventories below seasonal norms and refineries already running at high utilisation rates, further disruptions could leave fuel markets vulnerable to sharper price increases.
Original Publisher Attribution
This summary was curated from Economic Times.