Global wholesale diesel prices hit ~$180/barrel, could exceed $200 with Gulf hurricane, warns Gulf Oil's Tom Kloza, citing drone attacks on Russian, Saudi, and Libyan refineries.
Wholesale diesel prices have climbed to approximately $180 a barrel on world markets, with Gulf Oil Chief Energy Advisor Tom Kloza warning they could push above $200 a barrel if a tropical storm threatens Gulf Coast refining infrastructure. Kloza highlighted drone strikes on refining infrastructure as a rapidly expanding and largely overlooked threat, noting that attacks within a single week knocked out refining capacity in Russia, Saudi Arabia, and Libya. Global refining capacity is already short by an estimated 7 to 9 million barrels a day, a gap worsened by record U.S. distillate exports, which reached nearly 2 million barrels last week.
No AI analysis yet. Tap the "AI Analysis" button above to generate one now.
Disclaimer: This content reflects the author's personal views only and does not constitute investment advice.
24H Trending
-
1
Why are central banks around the world researching and advancing digital currencies?
-
2
What is the value of BCDN token? Is BCDN token a good long-term investment?
-
3
Analysis of the Top 10 Global Mainstream Cryptocurrency Trading Platforms
-
4
Global Mainstream Cryptocurrency Exchange Review: Compliant Exchanges and Core Evaluation Metrics
-
5
Unveiling the Top 10 Cryptocurrencies in the World: Who Will Lead the Future of Digital Finance?
-
6
Wu Blockchain citing Mlm: Open interest in NVDA perpetual contracts on Hyperliquid reaches $535 million
-
7
How is AIOZ Coin? An Analysis of AIOZ Network's Project Mechanics and Development Outlook
-
8
Watami, the Japanese restaurant group, has its founder planning to take the company private through a management buyout (MBO)
-
9
What does "interacting" (jiaohu) mean in the crypto circle? What are the commonly used communication and social apps in the crypto space?
-
10
Musk responded that hiring NVIDIA CEO Jensen Huang would be "an honor"
Markets Today
Recommended Reading








