Global Diesel Crunch Deepens As Record US Distillate Exports Race To Supply-Starved Europe

Global Diesel Crunch Deepens As Record US Distillate Exports Race To Supply-Starved Europe US distillate exports surged to a record last week as global supplies tightened. Disruptions across the Gulf area and various surrounding maritime chokepoints, as well as Ukrainian one-way attack drone strikes that have paralyzed portions of Russia's energy infrastructure, have been a major boon for US refiners and export terminals along the Gulf of America. To begin the week, Samantha Dar...

By Tyler Durden