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Huatai Securities: Diesel Prices Likely to Remain High, Expected to Gently Push Up US Inflation
36Kr reports that Huatai Securities research indicates that with the US-Iran conflict unresolved and global crude oil refining capacity unlikely to improve significantly in the near term, the global diesel supply-demand gap will be difficult to alleviate soon. Consequently, diesel prices are expected to remain elevated, which is anticipated to gently push up US inflation.
Read the full article at 36KrRelated coverage
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