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Diesel Crack Spread Explodes To Record As Wall Street Warns Of Refined-Products "Perfect Storm"

Tyler Durden
21 hours ago
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Diesel Crack Spread Explodes To Record As Wall Street Warns Of Refined-Products "Perfect Storm"

Diesel Crack Spread Explodes To Record As Wall Street Warns Of Refined-Products "Perfect Storm" Wall Street Warns About "Perfect Storm" Diesel Crunch:  Goldman's Daan Struyven Shows Global Diesel Exports Crashing Citi's Anthony Yuen Warns: Global Diesel Inventories "Below 5YR Minimum" BofA's Francisco Blanch Warns: "Diesel's Perfect Summer Storm" Unfolding  Jefferies' Sam Burwell Warns: Hormuz Shock "Manifesting Itself In Cracks, Not Crude"  Brent crude remains hostage to daily geopolitical developments in the Gulf region more than five months into the conflict, with muted traffic through the Strait of Hormuz (read the latest US-Iran wrap) constraining tanker flows and driving refined-product markets to new, dire...

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