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

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

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.

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


Source:MarketWatch

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Source:https://www.marketwatch.com/story/global-oil-supplies-are-suddenly-flowing-why-a-crude-glut-wont-mean-cheaper-diesel-a5fa80c8