Diesel Margins Slide as G7 Announces 100 Million Barrel Stocks Release ...Middle East

The G7 announcement of a release of 100 million barrels of crude oil and diesel has pressured down middle distillate refinery margins, which had hit record highs last month. The start of stock releases over the next four months and the reduced risk of a U.S. ban on diesel exports sent the ICE gasoil crack down to about $70 per barrel now, from as high as $85 a barrel in the middle of last week, Warren Patterson, Head of Commodities Strategy at ING, said on in a note on Monday. Crack spreads are indicators of the profitability of refining crude…

Hence then, the article about diesel margins slide as g7 announces 100 million barrel stocks release was published today ( Monday 05/10/2026 - 12:11 PM ) and is available on OILPRICE ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( Diesel Margins Slide as G7 Announces 100 Million Barrel Stocks Release )

Also on site :

• Configit nommé Sample Vendor dans le Hype Cycle™ de Gartner® pour les technologies de fabrication discrète, 2026
• Le TCL LINKHUB HH 516 devient le premier CPE FWA 5G dédié au monde à obtenir la certification prplWare
• Cymulate Receives Frost & Sullivan's 2026 Indian Competitive Strategy Leadership Recognition for Advancing Continuous Security Validation