Post Tagged with: "ditillates"

Source: Reuters

Bloated diesel stocks weigh down global oil market: Kemp


LONDON – Global distillate markets remain heavily oversupplied, sending margins tumbling to multi-decade lows, despite refiners’ efforts to restrain crude processing and switch to maximising gasoline production.

Poor distillate consumption and margins are weighing on refiners’ demand for crude, …

September 17, 2020 - 12:30 pm Closing Bell Story‎, Commodity Pricing, Crude Oil News, Energy News