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Despite another day of lower international crude oil prices, refined product markets continue to move in the opposite direction. According to AAA data (below), diesel has pushed above $6.50 a gallon, while regular gas is near $4.50. Also and of note, refined products are increasingly featuring in diplomatic interactions, as this recent example (below) from the Financial Times illustrates -- this as pressure grows for export bans. #economy #markets #energy #oil #diesel @FT