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Business

Global oil supplies are suddenly flowing. Why a crude glut won’t mean cheaper diesel.

Global oil supplies are suddenly flowing. Why a crude glut won’t mean cheaper diesel.

Feed excerpt — reported by MarketWatch

It’s official: the world is expected to soon have more oil than it needs for the first time since the Iran war began in February. But more oil doesn’t automatically lead to lower diesel prices.

MAP records observable characteristics of the original article (publisher, author, date, references, framing cues). MAP does not verify the article’s claims or score it. Read the full original story at MarketWatch →

Original Source

This article was syndicated from MarketWatch. All rights remain with the original publisher.