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03.09.26 - 09:42
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US Diesel Prices at Highest Since Mid-2022 (Bloomberg)
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US retail diesel prices hit a four-year high, topping a peak seen during the early stages of the Iran war to approach a record. The national average pump price climbed to $5.783 a gallon on Wednesday, according to the American Automobile Association. Bloomberg's Anthony di Paola reports.
(Source: Bloomberg)...
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02.09.26 - 20:24
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US Diesel At Pump Nears April War High As Global Refining Crisis Deepens (ZeroHedge)
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US Diesel At Pump Nears April War High As Global Refining Crisis Deepens
A diesel-price shock may be approaching Western economies.
That's because the industrial fuel sits at the epicenter of freight, agriculture, construction, and heavy industry; soaring prices ripple quickly through supply chains, raising transportation and construction costs, reigniting food inflation, weakening consumer sentiment, and intensifying margin pressure on small and medium-sized businesses.
The latest AAA data show that the nationwide average retail price reached $5.69 per gallon. That leaves diesel just below its April peak, which marked the highest price since mid-2022.
The renewed surge comes as the US-Iran conflict has deepened so far this week with tit-for-tat attacks, further disrupting any full near-term normalization of the Strait of Hormuz. The US is currently operating the Oman shipping corridor. Beyond the Gulf disruptions, Ukrainian attacks on Russian refineries are constraining exports from one of...
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01.09.26 - 20:36
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As Diesel Crack Explodes Higher, DNB Warns Beijing Has "Little Reason" To Rescue The West (ZeroHedge)
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As Diesel Crack Explodes Higher, DNB Warns Beijing Has "Little Reason" To Rescue The West
Bloomberg's NYMEX one-month heating-oil/crude spread, tracked on the Terminal as the HOCL1 Index, breached $100 per barrel early Tuesday before surging to nearly $106 by late morning.
The historic blowout is a major warning that refinery outages in Russia (read Goldman's latest diesel warning), restrictions on industrial fuel exports, and continued disruptions through the Strait of Hormuz are deepening a crisis concentrated in finished fuels rather than in crude availability.
Larger time frame:
We first warned:
Diesel crack spread hits record high, just shy of $100 https://t.co/pxNKK1OUeR pic.twitter.com/uAciv62yPk
— zerohedge (@zerohedge) August 13, 2026
The latest snapshot of the worldwide refined-products squeeze came Tuesday morning from Kelly Chen, a senior economist at DNB Carnegie specializing in China, emerging markets, and energy markets.
Chen noted that China is one of the few cou...
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01.09.26 - 09:15
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Ölpreise legen weiter zu - knappes Angebot bei Diesel (DPA-AFX)
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NEW YORK/LONDON (dpa-AFX) - Die Ölpreise sind am Dienstag weiter gestiegen. Nachdem es mit den Notierungen zu Beginn der Woche zeitweise deutlich nach oben gegangen war, legten sie im frühen Handel nur noch vergleichsweise leicht zu. Ein Barrel (159 Liter) ......
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31.08.26 - 14:54
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Oil Tops $91, US Diesel Crack Near $100 As US-Iran Strikes Resume, Tehran Claims Supertanker Mined In Hormuz (ZeroHedge)
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Oil Tops $91, US Diesel Crack Near $100 As US-Iran Strikes Resume, Tehran Claims Supertanker Mined In Hormuz
Military Strike Tit-for-Tat Resumes After Weeks
Brent crude futures climbed back above $90 a barrel, while West Texas Intermediate topped $86 after the US and Iran exchanged strikes for the first time in about a month. Tehran also claimed that an unidentified supertanker was struck by naval mines in the Strait of Hormuz.
Meanwhile, diesel crack spreads are approaching $100 a barrel again, suggesting an increasingly severe shortage across refined-product markets as the summer draws to a close.
US Central Command said American forces struck Iranian rocket launchers that were preparing to deploy anti-ship mines in the critical waterway. The US has touted the Oman shipping corridor as open for business and moving crude and other energy products. Tehran's inability to halt tankers passing through that part of the strait may suggest that its offensive capabilities have been degraded.
Ira...
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