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Week in Review: Diesel Supply Tightens While Crude Builds - Mansfield Energy
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Week in Review: Diesel Supply Tightens While Crude Builds - Mansfield Energy
Crude oil prices are maintaining most of Thursday’s losses, yet are still on pace to end the week up by about $0.40/bbl. Prices fell sharply midweek following reports of progress in U.S.–Iran nuclear negotiations, though Iran’s foreign minister later dismissed consistency in U.S. positions. Ongoing geopolitical events, including renewed peace talks between Russia and Ukraine and a weaker U.S. dollar, have provided some bullish sentiment to oil m…
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