EPISODE · May 21, 2025 · 25 MIN
Crack Spreads, Crude Floors, and What’s Driving Diesel Prices
from Focus on Fuels
Nashville Hedge School takeaways· Refinery outages and diesel time spreads· China’s tariffs and throughput declines· OPEC’s political recalibration· Flatlining U.S. shale production· Summer gasoline demand signals
What this episode covers
In this episode, Alex Hodes and Trevor McClanahan break down why diesel is leading the energy complex despite soft crude fundamentals. They discuss refinery outages, OPEC’s strategy shift, tariff impacts on Asian demand, and what the U.S. shale slowdown signals for summer prices. This is a must-listen for energy buyers and market watchers.
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Crack Spreads, Crude Floors, and What’s Driving Diesel Prices
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