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9.4
Global Refining Crunch Drives Diesel Prices to Record Highs
OilPrice.com·US · RU · UA·about 17 hours ago
Energy Aspects projects a 510,000 bpd jet fuel supply deficit for Europe in Q4, contrasting with surpluses in the US and Asia-Pacific. This follows an ongoing diesel supply crunch, indicating a broadening fuel crisis. The squeeze could pressure European refining margins and increase import dependence, with potential knock-on effects on aviation costs and inflation.