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Canada’s Synthetic Crude Soars 200% as War Chokes Diesel Supply
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Neutral
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94%
Time Horizon
Short Term
Article Context
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The price of Canada’s synthetic crude, which has rich diesel yield for refiners, has surged by nearly 200% since March 27 as the Middle East war cripples global diesel supply and sends diesel futures, cracks, and retail prices soaring. The synthetic crude made from processing of bitumen from Alberta’s oil sands is very low sulfur and its chemical content makes it highly suitable for processing into jet fuel and diesel—the most stressed barrels amid the worst disruption to supply in the history of the oil market. Canada’s…
Original article published by
OilPrice.com
on April 3, 2026.
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Analysis and insights provided by AnalystMarkets AI.