Oil shocks are often measured by the price of a barrel of crude. The wider economic effect can be easier to see at the diesel pump. Diesel powers trucks, rail freight, farm equipment and parts of the industrial economy. When...
OPEC+ heads into a closely watched virtual meeting on Sunday, September 6, with the oil market in a very different position from the one that drove the producer group to steadily restore supply earlier this year. The seven countries participating...
The global diesel market is no longer moving along its familiar lines. For years, African importers relied heavily on nearby Middle Eastern refineries, benefiting from relatively short voyages and the region’s large export-oriented plants. Conflict, refinery outages and growing security...
