A Crack Too Be Ignored. The Energy Report 08/18/2026

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A Crack Too Be Ignored. The Energy Report 08/18/2026

blog.pricegroup

1 day ago

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Now everyone is talking about the diesel crack spread. We pegged this as the market most at risk of going parabolic because of the U.S.-Iran war, the Russia-Ukraine war, and the global green energy agenda that left the world with a perpetual shortage of refining capacity while trying to restrict heavier blends of crude. The expiring September diesel crack—the amount per barrel refiners make turning crude into diesel—surged to a record $102.49 before pulling back. Casual market watchers finally g...

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