▲ Bullish
The US diesel crack spread has hit a historic high of $102.20 per barrel, exceeding the 2022 crisis peak of approximately $90.
The diesel crack spread measures the price premium of diesel over crude oil, with the current premium translating to around $2.43 per gallon.
Rising diesel prices can lead to increased costs across various sectors, impacting overall inflation.
Reporting aggregated and summarized by CLOM — research & education, not financial advice.