ExxonMobil CEO says diesel is key crunch point, demand high despite capacity

ExxonMobil CEO Darren Woods says diesel is the key crunch point in the fuel market, with demand remaining high despite capacity. He attributes the clean products shortage (mostly diesel/jet fuel) in thirds: one-third directly from the Persian Gulf, one-third from China (linked to the Middle East), and one-third from Russia-Ukraine, which he thinks will take "a lot longer" to resolve.

Detected & updated continuously · Source: Nebula