Diesel Shortages

[dan_s]

"For Distillate there are real fears of shortages in some circles. Hedgers should get locked up ahead of winter as the seeds of a major price spike are being sowed." - Phil Flynn 7-24-2018

U.S. and OECD inventories of diesel are below the 5-year range. Refiners cannot make diesel out of Ultra-Light Shale Oil. Take a hard look at the charts on page 5 of the newsletter.

Read this: https://www.investing.com/analysis/oil- ... -200332755