Back to News
Market Impact: 0.35
Diesel Jumps to Four-Month High With Supply Squeeze Worsening
Source: Bloomberg
Energy Markets & PricesGeopolitics & WarCommodities & Raw Materials
Diesel prices rose to their highest level in more than four months after new attacks on refineries further tightened an already constrained market. The squeeze compounds supply losses tied to wars in the Middle East and Ukraine, keeping upward pressure on diesel relative to recent weeks.
AllMind Terminal
AI-powered research, real-time alerts, and portfolio analytics for institutional investors.
Request TrialMarket Sentiment
Overall Sentiment
mildly negative
Sentiment Score
-0.25
More News
- One Singapore ship was sunk, but here's why others are still transiting the Strait of Hormuz
- Order to limit Starshield for Ukraine came from inside White House: Reuters reports
- Taiwan to curb AI chip sales to China for more U.S. alignment- Bloomberg
- BOE Chief Says Energy Shock Delays 2% Inflation Target
- Suddenly, Wall Street is worried that the U.S. economy is more ‘vulnerable’ than it looks
- Ukraine to resume strikes on Russian refineries, shattering hopes of an 'energy ceasefire'