# Top oil buyers go on light crude diet to meet diesel craving - News for the Energy Sector

> 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.

- Date: 2017-08-09 · published 2017-08-09T12:00:00.000Z
- Category: market · region Asia · magnitude low
- Page: https://feedsoft.ai/events/69626-top-oil-buyers-go-on-light-crude-diet-to-meet-diesel-craving-news-for-the
- Commodities: [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md), [ULSD / Diesel](https://feedsoft.ai/c/DIESEL.md)

## Why it matters

Strong diesel demand and crack spreads support crude demand for lighter grades. Higher energy costs can feed through to feed production and freight costs.

## Read by commodity

- WTI: bullish ▲
- BRENT: bullish ▲
- DIESEL: bullish ▲

## Sources

- energyvoice.com: https://www.energyvoice.com/oilandgas/147118/top-oil-buyers-go-light-crude-diet-meet-diesel-craving/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.