Diesel Spikes Again Amid Refinery Outages, Strong European Demand

With diesel experiencing a 15 cent spike in price at recording time, hosts Alex Hodes and Trevor McClanahan discuss if this latest round of volatility is caused by a short supply squeeze or if fundamental factors might be at play. In this episode of Focus on Fuels, they dig into diesel: supply woes, volatility vs. crude market stability, and what’s coming in the foreseeable future.

Topics discussed include:

• Expect continued volatility and an inverted market

• Crude continues to hover around $60 a barrel

• Potential supply constraints see long-term projections for higher crude prices by 2027

• OPEC+ predictions for supply in 2026

• Return to inflationary environment is a concern