Diesel price surge in America despite tax exemptions and an agreement to supply Russian diesel

Source link: The jump in the price of diesel in the United States despite tax exemptions and an agreement to supply Russian diesel. Diesel futures in the United States increased by 2.1% and reached $4.8239 per gallon, despite tax support measures and the lifting of sanctions on Russian diesel. Analysts warn that tax exemptions for dyed diesel will do little good for road transport companies. Also, wait

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U.S. diesel futures rose 2.1 percent to $4.8239 per gallon despite tax protection measures and the lifting of sanctions on Russian diesel.

Analysts warn that tax exemptions for dyed diesel will do little good for road transport companies. Also, the increase in Russian diesel supply is not expected to have a significant impact on the price reduction in the short term.

The global diesel market is still facing a severe supply limitation; A factor that maintains upward pressure on fuel prices.