Urgent.News

One page, thousands of outlets. See who else covered it.

Editions

More in Finance & Markets

$100 Diesel Cracks Signal a Much Tighter Oil Market Than Brent Suggests

The oil market has remained complacent for months amid the worst disruption in global supply, with crude oil futures rarely topping $100 per barrel over the six months in which tanker traffic at the…

  • Diesel crack spreads hit record highs, tighter than crude oil market
  • Conflicts in Iran and Ukraine disrupt Middle Eastern, Russian oil production
  • Global middle distillate inventories decline 12% from five-year average

More from Wednesday 19 August →