Diesel Cracks Plunge $12.70 on US Export Ban Report
U.S. diesel cracks fell $12.70 to $97.85/bbl following reports of a potential 90-day diesel export ban. Gasoline cracks simultaneously jumped $2 to $47.41/bbl due to concerns over reduced refining output. European gasoil cracks also rose, reflecting anticipated impacts on global supply.
Sources
DeItaone
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