The Diesel Crunch Will Persist Well into 2027
Diesel markets could remain tight until mid-2027, with the IEA warning that depleted inventories and refinery bottlenecks will delay recovery.
The recent rise in crude oil flows out of the Strait of Hormuz isn’t solving the world’s most pressing fuel problem—the diesel crunch and record diesel prices that start to feed into the wider economy. While Middle East crude oil flows are nearing pr... [5842 chars]
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- Crude Oil Prices Today | OilPrice.com
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- Friday, 16 October 2026, 4:30 am IST
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