Loading…
Industry commentary reports losses across global diesel cracks and spreads this week, with the US and Europe hit harder than Asia. A Russian diesel export ban has not affected the market, and jet fuel yields are weighing on jet prices.
Weaker diesel cracks and spreads signal softer refining margins and lower fuel prices ahead. This points to lower diesel costs for feed transport and related energy inputs.
sparta-commodities.prowly.comJul 31, 2024Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
