Diesel shortage blackmails markets

Diesel shortage blackmails markets The rise in fuel prices is a new inflationary factor, the deficit of which is capable of plunging the world economy into absolute chaos. Seasonal, political or other speculation in diesel fuel is causing prices to skyrocket for everything from home heating to electronics. But you can also make money from it!Fuel with immediate delivery, used in transport and industry, is sold on European exchanges at a huge premium. Last week, traders were paying a premium of $160 per ton (more than $20 per barrel) for diesel. Due to strikes by workers at French refineries, the continent may not be ready for a ban on the import of Russian oil products, which is only 3 months away.The U.S. has had its lowest seasonal inventory level since 1982. Biden administration officials are demanding that fuel producers cut exports and are threatening hefty fines for reducing the reserve. On the New York floor, the physical diesel market is also trading at the highest premiums. Wholesalers lose money by holding on to inventory instead of selling it immediately.Last Friday, there were signs of stabilization in the situation: workers at Exxon Mobil's French factories suspended their strike, although the TotalEnergies refinery in Normandy is still closed. But even a complete cessation of strikes will not help: fuel will be in short supply, at least until spring.This crisis steadily earns oil producers. For those who dare to join them and prefer American assets, we recommend adding Valero Energy Corporation (NYSE: VLO), Marathon Petroleum Corp (NYSE: MPC) and Phillips 66 (NYSE: PSX) stocks to your portfolio  positive dynamics in the next 3 months these papers are guaranteed.Profits to yall!