Global Refinery Bottleneck Pushes Diesel to Record Highs
Source Summary
Record diesel prices reflect a critical constraint in global energy markets as refinery disruptions abroad combine with limited US refining capacity. Refiners are already operating near maximum capacity, meaning increased crude production alone cannot quickly boost gasoline and diesel supplies.
Why it matters
Refinery capacity constraints limit the ability to increase fuel supplies despite higher crude production, directly affecting global diesel availability and prices.
