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Carlos Castillo

Carlos Castillo

Oil price reporter at S&P Global (Platts) covering US diesel and refined products markets, based in Houston.

Sep 14, 2026

1:55
Have you seen any indication of this?
1:58
Yeah, on the pricing side, I do believe prices can go even higher, to be honest with you.
2:03
They say, I heard a quote recently that said, a almost $100 diesel crack cannot buy more refining capacity.
2:09
So that's like the biggest constraint in the market right now.
2:12
The world is incredibly short of diesel.
2:14
And with the Ukrainian drone strikes in Russia and bringing the refining capacity offline and causing the...
2:21
Russian export ban.

18 MINS LATER

20:51
And what's the key kind of price you look at in the Gulf Coast or differential there to see when supplies are proving or demand is using a bit?
1:55
Have you seen any indication of this?
1:58
Yeah, on the pricing side, I do believe prices can go even higher, to be honest with you.
2:03
They say, I heard a quote recently that said, a almost $100 diesel crack cannot buy more refining capacity.
2:09
So that's like the biggest constraint in the market right now.
2:12
The world is incredibly short of diesel.
2:14
And with the Ukrainian drone strikes in Russia and bringing the refining capacity offline and causing the...
2:21
Russian export ban.

18 MINS LATER

20:51
And what's the key kind of price you look at in the Gulf Coast or differential there to see when supplies are proving or demand is using a bit?

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