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Middle Distillates
Middle distillates are refined petroleum products derived from the middle fraction of the crude oil distillation process. They include diesel, heating oil, and jet fuel.
These products play a central role in global energy consumption, supporting transportation, industry, and heating. Demand for middle distillates is closely linked to economic activity.
In trading, middle distillate cracks and spreads are key indicators of refinery margins and product market tightness. Seasonal demand patterns also influence pricing.
Middle distillates often drive refinery behavior and, by extension, crude oil demand dynamics.