US Refineries Are Running Near Their Limits. Fund Manager Sees Diesel Above $5 Into 2027
Fund manager Frank Holmes sees diesel above $5 into 2027 as U.S. refineries run near capacity and shipping costs rise.
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Why It Matters
U.S. oil refineries are running at almost full capacity, which could keep diesel prices high. When refineries work at their limit, it hints that fuel supply might stay tight for a while.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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