Diesel Demand and Global Supply Shifts

On Monday, oil prices rose, pushed by Europe’s growing demand for diesel amid Russian sanctions and shipping interruptions. In the US, refinery production was down due to maintenance, squeezing supply further. Brent oil futures rose by $0.91 to $82.53 per barrel, while West Texas Intermediate (WTI) futures gained $1.09, reaching $77.58. Analysts are watching diesel […]

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