Oil Supply Improves as Middle East Crude Exports Recover, but High Fuel Costs May Persist: Jefferies

Oil Supply Improves as Middle East Crude Exports Recover, but High Fuel Costs May Persist: Jefferies

Get latest articles and stories on Business at LatestLY. Crude oil supplies from the Middle East have recovered to more than 90 per cent of pre-conflict levels, but high freight rates, elevated diesel margins and rising gas prices are likely to keep energy costs under pressure, according to a report by Jefferies. Business News | Oil Supply Improves as Middle East Crude Exports Recover, but High Fuel Costs May Persist: Jefferies.

Oil supply improves, yet high fuel prices may persist: Jefferies

Crude oil supplies from the Middle East have recovered to more than 90 per cent of pre-conflict levels, but high freight rates, elevated diesel margins and rising gas prices are likely to keep energy costs under pressure, according to a report by Jefferies.