European diesel margins surge as US supply crunch supports rally
European diesel refining margins surged to record highs in the first days of September, with the rally driven as much by a supply crunch on America’s East Coast as by geopolitics, analysts said. The physical Amsterdam-Rotterdam-Antwerp diesel crack hit a record $98/b on Sept. 1 before easing to $95.30/b on Sept. 2, well above the ...
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