The U.S. diesel crack spread briefly topped a record $100/barrel in August, while Asian margins surged above $87. High margins mean refiners are earning more, but they also signal an unusually tight global diesel market. #Diesel#Oil#Refining#Energy
The White House says a U.S. diesel export ban is not under consideration, despite earlier signals that restrictions were being examined. The clarification comes as national diesel prices top $6.50 a gallon. #Diesel#Oil#Energy#USA
U.S. diesel topped a record $6.50/gal as global refining capacity struggles to replace lost Middle Eastern and Russian supply. With U.S. refiners already running hard, the fuel crisis has no quick supply-side fix. #Diesel#Oil#Refining#Energy
The Czech Republic will cap gasoline and diesel prices from Oct. 1 as Europe's fuel crisis deepens. Refiners also face a proposed 50% tax on margin increases over 2025 levels after margins surged to $50-$55 a barrel. #Diesel#Europe#Oil
Prague is moving to shield consumers from Europe’s fuel shock, capping gasoline and diesel prices and cutting diesel excise tax to the EU minimum. The one-month tax reduction is expected to cost about $52M. #Diesel#Gasoline#Czechia#Europe
