{"id":604458,"date":"2023-09-19T09:42:02","date_gmt":"2023-09-19T04:12:02","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=604458"},"modified":"2023-09-19T10:10:17","modified_gmt":"2023-09-19T04:40:17","slug":"worlds-oil-refiners-are-struggling-to-make-enough-diesel-heres-why","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/worlds-oil-refiners-are-struggling-to-make-enough-diesel-heres-why\/","title":{"rendered":"World&#8217;s oil refiners are struggling to make enough diesel: Here&#8217;s why"},"content":{"rendered":"<p>The world\u2019s oil refiners are proving powerless to make enough diesel, opening a new inflationary front and depriving economies of a fuel that powers industry and transport alike. <\/p>\n<p>While oil futures are rocketing \u2014 on Friday they were just below $95 a barrel in London \u2014 the rally pales in comparison with the surge in diesel. US prices jumped above $140 to the highest ever for this time of year on Thursday. Europe\u2019s equivalent soared 60% since summer. <\/p>\n<p>And it could get worse. Saudi Arabia and Russia have turned down the taps on production of crudes that are richer in diesel.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The world\u2019s oil refiners are proving powerless to make enough diesel, opening a new inflationary front and depriving economies of a fuel that powers industry and transport alike. While oil futures are rocketing \u2014 on Friday they were just below $95 a barrel in London \u2014 the rally pales in comparison with the surge in diesel. US prices jumped above $140 to the highest ever for this time of year on Thursday. Europe\u2019s equivalent soared 60% since summer. And it could get worse. Saudi Arabia and Russia have turned down the taps on production of crudes that are richer in [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,169],"tags":[],"class_list":["post-604458","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-oil-gas-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/604458","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=604458"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/604458\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=604458"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=604458"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=604458"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}