Barclays Favors Long ICE Diesel-Brent Crack Spread for December 2026 at $33.4/bbl

According to Barclays, as of May 9, the bank favors a long position in the December 2026 ICE diesel-Brent crude oil crack spread (the price difference between diesel and Brent crude). The crack spread was trading at $33.4 per barrel at the time of writing.
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