#refineries
US Diesel Prices Hit $6 as Global Fuel Supply Tightens
Diesel prices in the United States have climbed to record territory, with GasBuddy reporting the national average above $6 a gallon and AAA listing diesel at $5.9773 on September 10. That is sharply higher than AAA’s year-ago average of $3.7060 and raises fresh concerns about transport costs, inflation and pressure on businesses that depend on heavy-duty fuel. Oil shock The latest oil shock h
US Diesel Prices Hit $6 as Global Fuel Supply Tightens
Diesel prices in the United States have climbed to record territory, with GasBuddy reporting the national average above $6 a gallon and AAA listing diesel at $5.9773 on September 10. That is sharply higher than AAA’s year-ago average of $3.7060 and raises fresh concerns about transport costs, inflation and pressure on businesses that depend on heavy-duty fuel. Oil shock The latest oil shock h
India’s Crude Oil Strategy and Storage Explained
India relies heavily on imported crude oil, with domestic production covering only 10–15% of demand. Historically dependent on Middle Eastern oil, India is now sourcing crude from the U.S., West Africa, and Russia to reduce vulnerability to geopolitical risks. Very Large Crude Carriers (VLCCs) transport oil in shipments of 200,000–300,000 DWT to key ports on the west coast—Mumbai, Mundra, Kandla, Jamnagar—and east coast—Paradip, Visakhapatnam, Chennai. From ports, extensive pipeline
India’s Crude Oil Strategy and Storage Explained
India relies heavily on imported crude oil, with domestic production covering only 10–15% of demand. Historically dependent on Middle Eastern oil, India is now sourcing crude from the U.S., West Africa, and Russia to reduce vulnerability to geopolitical risks. Very Large Crude Carriers (VLCCs) transport oil in shipments of 200,000–300,000 DWT to key ports on the west coast—Mumbai, Mundra, Kandla, Jamnagar—and east coast—Paradip, Visakhapatnam, Chennai. From ports, extensive pipeline









