Financial Ports

Diesel at $5.60: Why Refineries, Not Oil, Are the Real Problem

CLAVE 1 / 4Diesel prices have surged above $5.60 per gallon, defying stable crude oil prices in the $80s.

CLAVE 2 / 4Crack spreads—the difference between crude and refined product prices—have ballooned to over $100 per barrel, far above the typical $15–$25 range.

CLAVE 3 / 4Ukrainian drone strikes have crippled Russian refineries, tightening global distillate supplies.

CLAVE 4 / 4Less than 10% of carriers are estimated to pay full retail diesel prices, but fraud risks rise with price spikes.

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