Oil Markets Are Tighter Than They Look
8 Articles
8 Articles
All over the country, especially in the departments of La Paz, Cochabamba and Santa Cruz, ranks of several kilometres are reported in service stations, with heavy transport drivers waiting for hours and even days to be supplied with diesel. The situation has been unresolved for two months, despite both YPFB and the Government saying on several occasions that the supply would be normalized. Amid this severe shortage of diesel, a joint operation b…
The oil market is struggling with significant diesel supply problems, with US and European inventories falling to critically low levels, which is driving up prices, Bloomberg reports.
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