Why Is Diesel Rising Faster Than Oil? | Presented by CME Group
Bloomberg Television·2026-04-23 15:21
Diesel is often considered the invisible fuel powering the world's heavy lifting and its price has risen even faster than crude oil. A warning sign for both industrial stability and consumer travel. It comes down to supply mix.The disruptions in the straight of Hormuz have choked off Middle East exports of heavy crude. These are the denser grades with longer hydrocarbon chains that produce more diesel and jet fuel per barrel after refining. Yes, they require more intensive processing than lighter crudes, bu ...