Diesel exports fell about 35% in July as refinery outages in the Middle East and Russia squeezed supply. Goldman Sachs says inventories are already below seasonal levels, and replacement output…
Holly Herrera2 min read
Goldman Sachs has sharply raised its forecasts for diesel refining margins in the United States and Europe. Damaged refineries, low stocks and export curbs are tightening supply, with the bank…
Edward Byrd2 min read
A Houthi strike has taken Saudi Aramco’s 400,000 barrel per day Jazan refinery offline as fuel inventories run thin. The damage could also put the Red Sea route used to…
Edward Byrd2 min read