Global diesel disruptions ripple through US refining, biofuel markets

AI Summary

Global supply disruptions have pushed US diesel prices higher, leading refiners to raise output and altering the economics of biodiesel, renewable diesel, and D4 RIN credits. The article attributes the pressure to reduced global oil supplies since the US-Iran conflict began in late February.

Global supply disruptions have propelled US diesel prices higher, prompting refiners to increase output while reshaping the economics of biodiesel, renewable diesel and D4 RIN credits. Since the US-Iran conflict began in late February, reduced global oil supplies have driven the benchmark US Gulf Coast ultra-low sulfur diesel price up by more than $2.10/gal, or ...