Reuters: The price of diesel fuel in #Europe has risen by 55% in just 10 days and is approaching $1165 per tonne. The sharp rise in diesel prices threatens to slow down global economic activity, as the war in the Middle East puts pressure on supp...
...lies of both industrial fuel and the types of oil that are best suited for its production, traders and analysts said. "Diesel is structurally the most vulnerable product in this conflict," said the founder of the Dubai-based company Nitrol Trading, Shokhrakh Zukhritdinov. "Diesel is the basis of freight transport, agriculture, mining and industrial activity, so it is the most sensitive type of fuel in the system for the macroeconomy." According to energy economist Philip Verleger, due to d...
...lies of both industrial fuel and the types of oil that are best suited for its production, traders and analysts said. "Diesel is structurally the most vulnerable product in this conflict," said the founder of the Dubai-based company Nitrol Trading, Shokhrakh Zukhritdinov. "Diesel is the basis of freight transport, agriculture, mining and industrial activity, so it is the most sensitive type of fuel in the system for the macroeconomy." According to energy economist Philip Verleger, due to d...