Can The Global Gasoline And Diesel Crisis Be Solved? ...Middle East

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Can The Global Gasoline And Diesel Crisis Be Solved?
source : OILPRICE ( Middle East ) () 26
Global diesel and gasoline markets are witnessing blowout crack spreads in the US$50-60 per barrel (bbl) range, reflecting a clear lag in the refining system to respond effectively and decide between supplying diesel or gasoline. The precarious situation is driven by inventory stocks across the globe being at their lowest levels historically and, therefore, unable to provide the necessary shock absorbers. The loss of Russian refining owing to operational outages and product containment challenges has caused a diesel/gasoline hole greater than 1…

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