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Reduced Movements on Rhine Exacerbate Distillate Cracks: Saxo Group

OIL PRODUCTS

The gas and power crisis in Europe, exacerbated by reduced movements of coal and fuels on the river Rhine, have supported a one-week jump in diesel cracks by 17% in NY and 19% in NWE. During the same period crude oil has lost 5%. – Saxo Group


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