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Diesel Crisis Hands Refiners Record Profits

IEA warns global fuel shortage to drag into 2027

Neutral1 min read
Diesel Crisis Hands Refiners Record Profits

AI Summary

The IEA warned the global diesel shortage will extend into 2027, yet refiners such as TotalEnergies, Shell, BP, Marathon Petroleum, Valero and Phillips 66 are set for record profits as diesel supplies fell about 1m barrels a day.

Keywords

diesel crisisrefinersoil pricesenergy shortageIEA
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