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Global diesel shortage persists as U.S. inventories hit 1982 low

By Drooid · · How we work

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Story summary
  • Iran and Ukraine wars are driving a global diesel shortage that will likely last until early 2027.
  • U.S. diesel inventories fell to 107.9 million barrels by September 11, the lowest level since 1982.
  • Retail diesel prices in the United States stopped rising at $6 per gallon in September.
  • The diesel crack spread reached a record $118.62 per barrel on September 14.