Diesel is experiencing a tightening “squeeze” attributed to the wars in the Middle East and Ukraine, and supply pressures are expected to worsen as demand rises ahead of the Northern Hemisphere winter. With tightening likely to accelerate into the seasonal peak, the outlook is bearish for near-term diesel availability and pricing.
Diesel is experiencing a tightening “squeeze” attributed to the wars in the Middle East and Ukraine, and supply pressures are expected to worsen as demand rises ahead of the Northern Hemisphere winter. With tightening likely to accelerate into the seasonal peak, the outlook is bearish for near-term diesel availability and pricing.
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Request DemoOverall Sentiment
moderately negative
Sentiment Score
-0.35
