Hurricane Isaias Could Push Diesel Higher on Top of Mideast Supply Hit
Refinery shutdowns from the storm would tighten fuel supplies already squeezed by conflict in the Middle East and the war in Ukraine.
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2 posts tagged with this topic.
2 posts tagged with this topic.
Refinery shutdowns from the storm would tighten fuel supplies already squeezed by conflict in the Middle East and the war in Ukraine.
Shippers reset agreements at elevated levels as spot rates climb 50% and the contract-spot gap narrows, giving carriers leverage in annual bids.