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Alternative ways being used to move fuel out of Gulf region, but flows of refined products such as diesel still constrained
Middle East supply disruption is increasing the value of diversified oil sources as non-Gulf production and exploration broaden future supply.
November WTI crude oil (CLX26) closed down -1.76 (-1.90%) on Friday, and November RBOB gasoline (RBX26) closed down -0.0902 (-2.65%).Crude oil and gasoline prices settled sharply lower on Friday after the G7 announced it will release up to 100 million bbl of crude oil and diesel supplies from its s…