Dossier
European diesel refining margins
Coverage of European diesel refining margins in the Nexus archive.
- Brazil’s Diesel Prices Act as if Oil Cost $140 a Barrel, Not $72
Brazil's diesel prices are behaving as if crude oil costs $140 a barrel despite current oil futures near $72. High refining margins in Europe and Russia's diesel export ban, along with global refinery outages, contribute to the price disparity.