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Vortexa data show global diesel exports reached 7.98 million barrels a day in August, the highest August figure in its dataset. Middle East and India/South Korea refinery exports rose as Atlantic Basin diesel demand strengthened in Europe and for winter heating.
Strong diesel demand and export flows keep distillate cracks supported through winter. This supports higher fuel and freight costs for feed supply chains.
vortexa.comVortexa AnalystsSep 9, 2021Not 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.
