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Asian refiners are buying lighter crude to produce more diesel as diesel margins hit their highest since November 2015. Demand is driven by India's cleaner diesel standards and China's industrial expansion.
Strong diesel demand and crack spreads support crude demand for lighter grades. Higher energy costs can feed through to feed production and freight costs.
energyvoice.comAlan ShieldsAug 9, 2017Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Not 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.
