Diesel prices expected to rise continuously amid Russian fuel release
- 1The International Energy Agency predicts diesel prices will remain high through next year due to market constraints, with inventories under pressure until the second half of 2027.
- 2President Donald Trump decided to supply 4.8 million metric tons of Kremlin diesel and approximately 36 million barrels of Kremlin diesel to the global market.
- 3U.S. diesel prices recorded an increase of nearly 40% between July 6 and September 22.
So what's the key point?
Diesel prices are expected to remain high through next year. The market situation may change as Russia decides to release a large amount of diesel.
Source CNBC · View original ↗
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