Abu Aqila: Diesel Crisis Stemming from Refining Issues

XTB's Senior Market Analyst Hani Abou Aqla confirmed that the current diesel crisis is due to refining issues rather than a shortage of oil supply. He emphasized that demand remains strong. He explained that the rise in diesel prices is attributed to declining refining capacities, which has worsened the crisis, and is not caused by a shortage of oil supplies. This crisis raises concerns about its impact on the global market, especially amid ongoing production and refining disruptions.

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