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US diesel refining margin (diesel crack spread) has surged above $100/bbl, a record level amid tightening global fuel production. The diesel crack hovered around $100/bbl on Tuesday, slightly below a prior peak above $102/bbl; it first closed above $

2026-08-19

US diesel refining margin (diesel crack spread) has surged above $100/bbl, a record level amid tightening global fuel production. The diesel crack hovered around $100/bbl on Tuesday, slightly below a prior peak above $102/bbl; it first closed above $100/bbl on Monday. Before this year the metric had never exceeded $89/bbl; the previous record was set in October 2022 during a diesel shortage ahead of winter. A combination of factors has created a near "perfect storm" pushing diesel prices higher and may lift winter heating costs and add renewed inflationary pressure.

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2026-08-18

According to Interfax news agency, Russian President Vladimir Putin said that Russia and Myanmar have discussed hydrocarbon production.

According to Interfax news agency, Russian President Vladimir Putin said that Russia and Myanmar have discussed hydrocarbon production.
2026-08-19

China's CSI 300 index futures (IF) main contract touched 4,600, down 1.40% intraday.

China's CSI 300 index futures (IF) main contract touched 4,600, down 1.40% intraday.
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