Oil Energy Watch (@oil_energy_watch)
Diesel cracks hit record high after Saudi refinery attack
BREAKING: Diesel cracks have hit a new all-time high after Houthis attacked a Saudi Aramco refinery.
That is a major stress signal for refined fuel markets.
Crude oil prices matter, but diesel cracks show how tight refining margins and product supply have become.
When refinery risk rises, the market does not just price crude supply.
It prices the availability of usable fuel.
For $WTI, $BRENT, and diesel-linked energy names, refinery disruption risk is now back at the center of the trade.