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13.11.26 - 09:36
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Russia′s diesel exports jump 100% after Trump lifts sanctions; US gets no shipments (Times of India)
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In October, Russia significantly increased its diesel exports following an agreement between Trump and Putin aimed at boosting global supplies. However, U.S. markets have not seen any additional shipments due to concerns over sanctions and buyer reluctance. Most of the diesel was redirected to Brazil and Turkey instead. Experts warn that ongoing challenges at Russian refineries and potential renewed assaults may hinder future export levels....
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13.11.26 - 09:18
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OMCs continue to face petrol, diesel losses despite easing crude prices: Jefferies (Times of India)
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Oil marketing companies are currently facing losses on petrol and diesel sales, although these losses have recently decreased. Marketing losses on petrol have fallen to Rs 12 per litre and Rs 27 per litre for diesel. A decline in the Indian crude basket price has contributed to this improvement. Global crude supply conditions have improved significantly, but elevated freight rates still pose challenges....
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12.11.26 - 05:30
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"They Test The Jesus In Me": Pennsylvania Truckers Pushed To Their Limits As Diesel Prices Soar (ZeroHedge)
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"They Test The Jesus In Me": Pennsylvania Truckers Pushed To Their Limits As Diesel Prices Soar
In Pennsylvania, truck drivers are being pushed to their limits as skyrocketing diesel prices eat into their earnings, leaving many frustrated and struggling to keep their businesses running.For Lamar Buckwalter, owner of Buckwalter Trucking LLC, the mounting cost of keeping his trucks on the road is testing both his patience and his wallet.“They test the Jesus in me,” Buckwalter said of fuel prices. “They're just ridiculously expensive.”With diesel averaging about $6.56 a gallon across Pennsylvania, according to AAA, truckers are finding themselves forced to make tough financial decisions just to stay afloat, according to CBS 21. Buckwalter says he's become increasingly strategic about where he fills his tank, using mobile apps to compare prices and adjusting his travel plans in hopes of saving a few dollars.“I would be paying $6.57 up in Carlisle. I can go down to Greencastle...
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11.11.26 - 14:42
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Diesel still costing close to a ′dismal′ £2 a litre despite oil price falls (The Guardian)
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Pump prices stay stubbornly high as leading bank official warns energy costs are likely to remain 'elevated'Business live – latest updatesThe price of diesel on UK forecourts remains stubbornly close to October's record high of £2 despite a sharp fall in oil prices.A litre costs an average of 197p, according to the AA, which described the situation as “dismal”. By contrast, petrol has fallen 6p to 168p from the peak of 174.7p in early October. That was the highest level since August 2022. Continue reading......
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