The world is struggling to make enough diesel ...Middle East

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The world is struggling to make enough diesel
Jack Wittels, Rachel Graham, Chunzi Xu, and Alex Longley; Bloomberg 17 September, 2023, 04:55 pm Last modified: 17 September, 2023, 05:13 pm The PCK Schwedt oil refinery iin Schwedt, Germany. Photographer: Krisztian Bocsi/Bloomberg “> The PCK Schwedt oil refinery iin Schwedt, Germany. Photographer: Krisztian Bocsi/Bloomberg The world’s oil refiners are proving powerless to make enough diesel, opening a new inflationary front and depriving economies of a fuel that powers industry and transport alike. While oil futures are rocketing — on Friday they were just below $95 a barrel in London — the rally pales in comparison

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