Ultra low sulfur diesel Loading... : Investor Sentiment and Bull/Bear Views

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18:51
Sep 18
Patrick De Haan Head of Petroleum Analysis, GasBuddy CNBC
Diesel plateau near records, upside risk
Triangulated data — crowdsourced reports, a real-time transaction card, and the parent company's fueling logistics business — shows no widespread U.S. diesel shortages; isolated station outages are a normal daily occurrence. But diesel prices are at all-time record highs because refining issues are stacking on geopolitical tensions, and Russia, a major heavy-oil/heavy-product exporter, is no longer exporting any diesel after refinery attacks. He expects the pace of increases to taper and prices to possibly stall shy of $6.50/gal, but says prices could still go higher if Ukraine keeps attacking Russian refineries.
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About Ultra low sulfur diesel Investor Commentary

Across the available history and selected sources, Buzzberg tracks Ultra low sulfur diesel across 1 sources: 0 bullish vs 0 bearish calls from 1 authors. Historical directional balance: 0% = 100 × (bullish − bearish) / all deduplicated idea records, including other directions. This is neither a probability of a price rise nor the share of bullish authors. 1 total trade idea tracked. Past 7 days, before deduplication: 1 other directions. Latest voices: Patrick De Haan.