Diesel shortages could persist well into 2027, IEA says
USO•Constrained diesel supplies could persist well into 2027 as stock drawdowns and restricted production coincide with peak winter demand. Diesel refining margins reached almost $95 per barrel in September, the IEA said.
1. Diesel supply strain
The IEA said constrained diesel supplies could persist well into next year, with large counter-seasonal stock drawdowns and restricted production ahead of peak winter demand. Diesel refining margins soared to almost $95 per barrel in September as attacks linked to the Iran war reduced refining capacity and slashed production.
