markets · · cnbc.com
Diesel squeeze set to last well into 2027 as Iran war disrupts supply, IEA says
The IEA said replenishing lost inventories may not begin before the second half of 2027, even as refinery output recovers. Diesel exports fell by 700,000 barrels a day year on year in September, while wholesale prices reached record highs in several major markets.
The IEA said replenishing lost inventories may not begin before the second half of 2027, even as refinery output recovers. Diesel exports fell by 700,000 barrels a day year on year in September, while wholesale prices reached record highs in several major markets.
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