diesel
By Ahmad Ghaddar, Shariq Khan and Trixie Yap LONDON/NEW YORK/SINGAPORE (Reuters) – The global diesel market will likely find price support in 2025 from the closure of about 1% of refining capacity, traders and analysts said, offsetting current weakness and structural downward pressure as the world shifts to cleaner fuels.…
Investing.com — and diesel prices have shown measured gains but remain confined within a tight trading range, according to analysts at Citi Research. has hovered between $71 and $74 per barrel, shaped by a complex interplay of geopolitical developments and economic dynamics. Key drivers include the Russia-Ukraine conflict, where escalation…
By John Kemp LONDON (Reuters) – U.S. manufacturers are gradually emerging from a prolonged but shallow slowdown over the last two years, but progress has been fitful, and their consumption of diesel remains tepid, which is weighing on oil prices. The Institute for Supply Management’s manufacturing index slipped to 48.7…
By Ahmad Ghaddar, Trixie Yap and Shariq KhanLONDON/SINGAPORE/NEW YORK (Reuters) – Profit margins for diesel are slumping as new refineries boost supplies and as mild weather in the northern hemisphere and slow economic activity eat into demand, putting oil prices under further downward pressure.The lower refining margins for diesel, one…
