Yuriy Matso: Diesel crack spread surges to $113 a barrel

Yuriy Matso: Diesel crack spread surges to $113 a barrel
Diesel crack spread jumps to $113

Yuriy Matso highlights that the diesel crack spread has reached $113 a barrel, compared to a typical range of $20–30 a barrel in normal market conditions.

Matso explains that adding $100 crude brings the total cost to about $213 a barrel before tax and distribution. As diesel fuels critical transportation and agricultural activities, Matso notes that these elevated prices will affect nearly every sector by increasing broader costs.

Matso recently commented on the Federal Reserve's rate hike following Brent crude's rise to $130, with real yields reaching their highest levels since 2008, in a separate analysis here. He has also reported on the S&P 500 remaining stable for 43 sessions without a 1 percent drop, referencing similar calm periods since 1929 here. These observations provide context for his ongoing focus on key market indicators.

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