Oil Weekly Performance: Oil futures up 1% to one-week high on soaring US diesel prices, ET Auto
Oil Weekly Performance: "The main thing was concern about diesel prices, the diesel crack spread and worries about diesel shortages when refineries go into maintenance," said Phil Flynn, an analyst at Price Futures Group. He added prices also drew support from a fire at a Louisiana refinery and a drop in U.S. oil rigs.
Source: indiatimes.com