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15.10.26 - 13:48
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Russia begins diesel exports after Trump deal amid global oil market concerns (Times of India)
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Russian diesel exports have started reaching global markets following an agreement with US President Donald Trump. The Kremlin stated that these supplies could help stabilize oil markets, but they will not suffice. Reports indicate that Russian shipments of diesel resumed from the Baltic port of Primorsk recently. Ukraine's leadership and various European officials have strongly criticized this deal amid ongoing conflict....
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15.10.26 - 13:09
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Why Diesel Prices Are So Much Higher Than Gasoline (ZeroHedge)
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Why Diesel Prices Are So Much Higher Than Gasoline
Authored by Robert Rapier via OilPrice.com,
Diesel has generally cost more than gasoline since 2004 due to higher production costs, taxes, and global demand.
Global refinery disruptions, export restrictions, and low inventories have widened the diesel price premium in 2026.
Strong US crude production and refinery output cannot fully offset global diesel supply shortages.
There was a time when diesel fuel was usually cheaper than gasoline in the United States. That relationship began to change about 20 years ago, and since then diesel has generally traded at a premium. Today, that premium is not just persistent but unusually large, which raises an obvious question: how did we get from gasoline typically costing more than diesel to diesel costing substantially more than gasoline?
The answer has two parts.
The first is structural and goes back to the mid-2000s, when changes in fuel specifications, taxes, refining economics, and glob...
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15.10.26 - 12:01
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Why Trump′s diesel deal with Russia may not actually lower prices (The Hill)
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President Trump's controversial diesel deal with Russia may not actually bring down prices ahead of the midterms. Trump announced last week that Russia would “immediately” supply 300,000 tons of diesel to the U.S. and global marketplace, with another 500,000 tons coming in November, drawing howls from Democrats and some Republicans over lifting sanctions on Moscow......
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15.10.26 - 03:21
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No Quick Pump Relief: IEA Warns Diesel Squeeze Will Persist Into 2027 (ZeroHedge)
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No Quick Pump Relief: IEA Warns Diesel Squeeze Will Persist Into 2027
Goldman energy analyst Nikhil Bhandari warned last month that a deepening refining crisis could prolong diesel and gasoline pain at the pump well into 2027. Now, the International Energy Agency is reinforcing that warning, cautioning that diesel supplies could remain tight into the second half of next year.
"The gasoil market balance will remain tight well into 2027 and is dependent on a recovery of product supply from the Middle East. Failing this, further demand reductions and the heavy economic costs these will entail may be needed to balance markets," the IEA wrote in its Oil Market Report for October.
The report continued, "Global gasoil markets tightened counter-seasonally in 3Q26, as prolonged disruptions to Middle Eastern and Russian exports forced stock draws. Combined with much heavier-than-normal inventory declines in 2Q26, this has deprived global gasoil markets of crucial stock cover ahead of the ...
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14.10.26 - 16:42
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′From liabilities to goldmines′: refineries eye record profits from diesel shortage (The Guardian)
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Firms turning crude oil into the 'workhorse' fuel stand to gain most despite economic fallout from record pricesBusiness live – latest updatesDays after Donald Trump announced a deal to import Russian diesel into the US in an effort to lower soaring pump prices, the world's energy watchdog has warned that the global fuel shortage will drag into 2027.Trump's temporary sanctions reprieve was criticised for offering “too little, too late” to temper the sky high pump prices triggered by the shutdown of war-damaged refineries in the Middle East and Russia – once the world's second-largest diesel exporter behind the US. Continue reading......
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