Diesel market may need prices to stay high to offset new global crisis
August 22, 2022 Comments Off
The diesel crisis lies dormant. While prices have dropped from a March spike, record-low stocks, demand expected from the onset of winter, and the threat of a drop off in Russian supplies could all cause prices to erupt. Diesel prices may have fallen some 25% since hitting a record high March 8 amid growing demand destruction as the global economy…
Diesel market may need prices to stay high to offset new global crisis
The diesel crisis lies dormant. While prices have dropped from a March spike, record-low stocks, demand expected from the onset of winter, and the threat of a drop off in Russian supplies could all cause prices to erupt. Diesel prices may have fallen some 25% since hitting a record high March 8 amid growing demand destruction as the global economy…
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