Diesel prices top Biden-era average as market tightness lingers

1 min read
Source: Financial Times
Diesel prices top Biden-era average as market tightness lingers
Photo: Financial Times
TL;DR

Diesel prices in the US have surpassed the Biden-era average, driven by tight inventories, limited refining capacity, and sanctions-related supply constraints, keeping fuel costs elevated even as crude falls and adding inflation pressure ahead of the midterms.

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