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Retail diesel price gap widens between U.S. and China, Rory Johnston notes

Retail diesel price gap widens between U.S. and China, Rory Johnston notes
U.S. China diesel price gap widens

Rory Johnston highlights a growing divergence between U.S. and Chinese retail diesel prices year to date. He also references NYMEX diesel and Singapore gasoil futures prices to provide further context to the discussed trends.

Earlier this year, Rory Johnston noted that diesel prices were driven higher by record crack spreads, pushing U.S. diesel levels close to Brent crude prices in his analysis of crack spreads. He also reported on Brent crude falling below $100 per barrel for the first time since a notable pipeline attack, as detailed in his coverage of Brent price movements. These developments provide additional context for the current discussion of retail fuel price trends.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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