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Last updateFri, 03 Apr 2020 8pm

End-User News

Fuel Prices Continually Drop Amid Coronavirus Fallout

“U.S. ultra-low sulfur diesel was the latest product refined from crude oil to take a hit in its cash market last week, after refiners boosted production in a bid to flee poorer margins for other products more affected by coronavirus fallout.”

Hydrocarbon Processing reports that “refiners’ moves to divert production capacity previously devoted to other fuels to diesel is starting to cause oversupply in some regions, leading to a drop in cash prices.”

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