At the core of global diesel markets is supply and demand and the perfect storm may be shaping up for 2024. According to the EIA, as of January 26, distillate inventories in the United States stood at ...

Refineries worldwide are facing challenges in meeting the rising demand for diesel, exacerbated by disruptions in global oil flows caused by OPEC+ output reductions and the conflict in Ukraine.

Why diesel prices rise faster than gasoline during global crises—and how higher diesel costs ripple through freight, food, ...

Diesel prices are set to rise next year from the currently depressed levels as several refineries in developed countries are scheduled to cease production of fuels, analysts and traders have told ...

NEW YORK, March 16 (Reuters) - U.S. ⁠average ⁠retail diesel prices crossed $5 a ⁠gallon for only the second time ever on Monday as the war in the Middle East squeezes supplies of the industrial fuel, ...

A recent analysis from the U.S. Energy Information Administration (EIA), published on Dec. 3, 2025, highlights how geopolitical tensions have significantly pushed up diesel prices and thereby global ...

Truckers: Fill up your tanks immediately, if you have storage capacity, fill that too, and potentially even work with a broker to hedge against a "runaway market" in diesel prices coming in the wake ...

Analysts at BMI, a unit of Fitch Solutions, revealed that they have 'revised the average global diesel price forecast downward'. In a report sent to Rigzone by Fitch Group recently, analysts at BMI, a ...

The pain felt at the pump is now a day-to-day tango of agony shared with our allies and enemies around the world. There was that brief moment of respite, perhaps, when ceasefire talks between the U.S.