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Diesel Pinch Looms
Aug. 29, 2022

Diesel Pinch Looms

The global diesel market looks set to get even tighter as power generators and industrial users seek relief from surging natural gas prices.Consumers are seeking alternatives to gas after prices rallied to unprecedented levels as Europe shuns Russian barrels. It’s also happening as global diesel stockpiles remain unusually low at a time inventories are typically expanding in preparation for a boost in consumption over winter.

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