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Oman crude up by $12; global diesel prices hit record highs

Oman crude rose by $12. Diesel prices have hit record highs and nearly doubled versus pre-conflict levels; gasoline also rose, and physical crude for immediate delivery is above futures.

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84. Diesel prices have hit record highs and have almost doubled from levels before the start of the conflict. Gasoline prices have also almost doubled, while physical crude for immediate delivery is trading well above futures prices.