BREAKING: U.S. Diesel Stocks Hit 107.9M Barrels, Lowest Seasonal Level Since 1982
U.S. diesel inventories fell to 107.9M barrels by September 11, with EIA expecting stocks to remain below the five year low through most of 2027.
U.S. retail diesel has crossed $6 a gallon as Iran and Ukraine wars, plus Russia’s diesel export restrictions, tighten global supplies.
Saudi Aramco reportedly cut October crude shipments to Europe, forcing refiners to compete for costlier replacement barrels.
China cut crude imports from 11–12M bpd to around 5M bpd, helping contain the price surge during the Hormuz crisis.
IEA members have released 80% of 400M emergency barrels, while the Hormuz disruption affected up to 14% of global oil and gas supply.
U.S. diesel inventories fell to 107.9M barrels by September 11, with EIA expecting stocks to remain below the five year low through most of 2027.
U.S. retail diesel has crossed $6 a gallon as Iran and Ukraine wars, plus Russia’s diesel export restrictions, tighten global supplies.
Saudi Aramco reportedly cut October crude shipments to Europe, forcing refiners to compete for costlier replacement barrels.
China cut crude imports from 11–12M bpd to around 5M bpd, helping contain the price surge during the Hormuz crisis.
IEA members have released 80% of 400M emergency barrels, while the Hormuz disruption affected up to 14% of global oil and gas supply.
