Tag
diesel
2 articles
U.S. Raises 2027 Fuel Price Forecasts as Supply Gains Fail to Offset Demand
Government projects persistent gasoline and diesel costs despite expected Middle East output increases, signaling structural shifts in energy market dynamics.
U.S. Gulf Coast Becomes World's Only Major Refining Hub as Global Capacity Collapses
Diesel crack spreads hit $102 a barrel Monday—nearly triple pre-war levels—as attacks on Middle Eastern and Russian refineries, Chinese export restrictions, and Hormuz shipping disruptions leave American refineries as the sole functioning major supply source.