Texas (USA): During the week of May xxst, Diesel prices in North and South America reflected significant regional dynamics and market influences. In North America, particularly the United States, Diesel prices continued their declining trend, while in South America, various factors including Russian imports and refinery upgrades played crucial roles in shaping the market.
As of June xrd, the average Diesel price in the United States was USD x.xxx per gallon, continuing its downward trajectory from the previous week. This decline aligns with a broader trend observed since early April, coinciding with a x.xxx drop in Brent crude oil prices, which closed at USD xx.xx per barrel on June xrd. This trend in crude oil prices has had a direct impact on Diesel prices, as crude oil is a primary feedstock for Diesel production.
In contrast, South America&#xx;s Diesel market experienced notable shifts...
