Supply Of Diesel Is Becoming A Retail Problem
May 16, 2022
More and more contracts for diesel are moving to Europe as refiners are exporting higher than normal volumes, China is low on exports, and diesel refinery capacity has been reduced due to the COVID-induced shutdowns, conversions of some refineries to renewable diesel, and closures from 2021 hurricanes.
This is leaving some marketers scrambling to obtain the fuel for their customers.
EMA is working to obtain short term relief for marketers, as well as permanent solutions.
For a detailed report regarding diesel supply, go to this report, Key oil report sees little relief in current tight diesel market – FreightWaves.