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04.09.26 - 19:00
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US Diesel Pump Prices Hit Record As Global Refined-Products Crisis Threatens Industrial Economy (ZeroHedge)
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US Diesel Pump Prices Hit Record As Global Refined-Products Crisis Threatens Industrial Economy
Goldman explained this week that Gulf oil exports had recovered to between 15 million and 16 million barrels per day, roughly two-thirds of prewar levels, with the rise of dark tanker transits obscuring some flows from conventional tracking via the Automatic Identification System (AIS). Yet headline crude volumes don't tell the entire story. As we have repeatedly noted, crude itself does not keep the industrial economy humming. Diesel does.
US RETAIL DIESEL PRICES ADVANCE TO RECORD HIGH, AAA DATA SHOWS https://t.co/LjXZw8fxYR
— zerohedge (@zerohedge) September 4, 2026
Make no mistake: There is a refined-products crisis because of disruptions in the Strait of Hormuz and Ukrainian one-way drone attacks on Russian energy infrastructure. That tightening in physical markets, especially for diesel, was evident on Thursday, when US retail pump prices reached a record high.
US retail diesel prices surged...
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04.09.26 - 18:01
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US Retail Diesel Hits Record (Bloomberg)
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US retail diesel rose to a record, threatening to further spike energy-driven inflation as wars in Iran and Russia roil the market.
The widely used fuel climbed to a nationwide average of $5.85 a gallon at the pump on Thursday, according to the American Automobile Association.
Ed Hirs, Energy Fellow at the University of Houston, discusses the record diesel prices and energy outlook ahead of the midterms. (Source: Bloomberg)...
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04.09.26 - 16:15
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Diesel prices hit record high (The Hill)
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The average price of diesel hit an all-time high Friday in the U.S., as the conflict with Iran puts more strain on the global energy supply. The average cost of a gallon of diesel in the U.S. was up to around $5.85 on Friday morning, according to AAA. This is a 58 percent cost increase......
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04.09.26 - 14:06
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VW Approves Plan for 50K More Layoffs, US Retail Diesel Hits Record | The Opening Trade 9/4/2026 (Bloomberg)
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Volkswagen's supervisory board backed a sweeping restructuring that calls for 50,000 additional job cuts, far fewer models and a smaller industrial footprint, giving Chief Executive Officer Oliver Blume his clearest mandate yet to overhaul Europe's biggest carmaker.
US retail diesel rose to a record, threatening to further spike energy-driven inflation as wars in Iran and Russia roil the market.
The widely used fuel climbed to a nationwide average of $5.85 a gallon at the pump on Thursday, according to the American Automobile Association.
The Opening Trade has everything you need to know as markets open across Europe. With analysis you won't find anywhere else, we break down the biggest stories of the day and speak to top guests who have skin in the game. Hosted by Guy Johnson and Tom Mackenzie. (Source: Bloomberg)...
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