“Refining is super short.   Between Europe’s woes, Russias war on Ukraine and a drop in refined products from the Arabian Gulf its really bad. As many of my amazing followers showed yesterday… Europeans are paying between $9-$11 per gallon for diesel.” 

Summary:

  • Saudis Cancel September-Loading Crude Cargoes to Europe
  • Europeans are paying between $9-$11 per gallon for diesel amid Global Refining Crisis 
  • Saudi Oil Routes Narrow: Kingdom Eyes Hormuz Export Surge After Pipeline Attack

https://www.zerohedge.com/geopolitical/saudi-oil-routes-narrow-kingdom-eyes-hormuz-export-surge-after-pipeline-attack