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@US_OGA
Credit: @stevenfhayward pic.twitter.com/ClNfbnuvGq
— US Oil & Gas Association (@US_OGA) April 6, 2024
🛢️Diesel cracks just hit record highs.
Here's why:
Global waterborne diesel exports fell to 175.7 million barrels in August, down 47 million from a year earlier, per S&P Global.
The below chart shows exactly where that supply vanished: 🇷🇺Russia and 🇸🇦Saudi Arabia.
Russia
While America's "decline" as a superpower is being removed with a pressure washer in Thailand, he is a picture of Iran "winning."
🛢️Diesel cracks just hit record highs.
Here's why:
Global waterborne diesel exports fell to 175.7 million barrels in August, down 47 million from a year earlier, per S&P Global.
The below chart shows exactly where that supply vanished: 🇷🇺Russia and 🇸🇦Saudi Arabia.
Russia
While America's "decline" as a superpower is being removed with a pressure washer in Thailand, he is a picture of Iran "winning."
