Tuesday, June 23, 2026
For oil refiners, now is the summer of distillate content- oil and gas 360

For oil refiners, now is the summer of distillate content

Reuters Refiners are planning to spend the summer increasing jet fuel and diesel production instead of gasoline, traders and analysts said, favoring what have historically been the least profitable parts of the barrel instead of the most profitable. That is unusual and exemplifies the topsy-turvy nature of the global oil markets. Refining crude oil into diesel or jet fuel is