The International Energy Agency (IEA) has warned about a potential destruction of demand in the global diesel markets in its latest Oil Market Report. High diesel prices are fueling inflation and adding pressure on the global economy, according to the November report. The market was already in a deficit before Russia’s invasion of Ukraine began…
IEA Warns of Diesel Demand Destruction Amid Soaring Prices
November 15, 2022
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Business & Marketsdieseldiesel crisisdiesel demanddiesel pricesdiesel shortageeconomyenergyinflationMarketsUS
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