#refinery-capacity
(6 articles)Riyadh Cargo Expands Despite Shipping Demand Decline
Riyadh Cargo is experiencing growth in its cargo operations despite broader weakness in regional shipping demand, suggesting a shift in how cargo is being consolidated or routed through Saudi Arabia's
Diesel at 5-Year Highs: Structural Supply Shock Threatens Fleet Margins
Diesel prices have reached their highest settlement levels in history, driven by a confluence of structural supply constraints rather than temporary shocks. Ukrainian drone strikes on Russian refineri
Diesel Prices Surge 71% Since Iran War: Supply Chain Crisis
Since the outbreak of military conflict between Iran and the U.S./Israel in late February 2024, diesel prices have surged 71% while crude oil has risen only 26%—creating an unprecedented and historica
Diesel Crack Spread Hits Record $102: What Q4 Means
The U.S. diesel crack spread—the refinery markup between crude oil and finished diesel fuel—has reached an unprecedented all-time record of approximately $102 per barrel, far exceeding the normal $15–
Diesel Prices Hit $180/Barrel: Drone Strikes & Hurricane Risk
Wholesale diesel prices have climbed to approximately $180 per barrel globally—already exceeding analyst expectations from the Ukraine conflict—with potential to breach $200 if Gulf Coast refining inf
Diesel Prices Decouple from Oil Markets Amid Global Disruptions
The diesel market is experiencing unprecedented disconnection from crude oil prices, with the gap between Brent crude and ultra-low sulfur diesel (ULSD) exceeding $2 per gallon—a level never recorded