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Mol benefits from widening diesel-crude price spreads
The widening price gap between Brent crude oil and diesel is creating a favorable economic environment for Mol. Because the refinery's output is optimized for diesel production, the company may see improved results in the current quarter.
This positive outlook is supported by the expected restart of the vacuum distillation unit at the Danube refinery in mid-September. While diesel shortages persist in Europe, the current market conditions and high diesel spreads suggest a strong year for Mol, provided current price levels remain stable and geopolitical tensions continue to influence supply.