Insights / News vs. Numbers

Russia’s diesel may never reach the US. Its price impact could?

By Manan Karnik Visit author profile

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Commodity
Diesel
Market Hub
US
Price Indicator
Cracks
Time Period
Immediate
Market Impact
Bearish for US cracks and WTI

The emerging diesel correction may not come from direct Russian supplies to the US or Europe’s strategic stock releases. It may come from a global reshuffling of trade flows. Rising Russian diesel exports could displace US barrels in Latin America, while…

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