Global Diesel Supply Crunch Is Set to Last Through Winter | HappeningNow.news

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Global Diesel Supply Crunch Is Set to Last Through Winter

Global diesel fuel supply will remain tight into next year for lack of enough refining capacity to pick up the slack from Middle Eastern and Russian facilities, Reuters has reported, citing refining and commodity trading industry executi…

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Global diesel fuel supply will stay tight into next year because refining capacity is insufficient to replace output lost from Middle Eastern and Russian facilities, according to Reuters citing industry executives. The shortage is attributed to a lack of additional refining capacity to pick up the slack.

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