Global Diesel Shortage Is Becoming a Long-Term Economic Constraint
8 Articles
8 Articles
The global diesel shortage, exacerbated by the Iran conflict and the Russia-Ukraine war, may not ease until next year at the earliest, according to industry players, Reuters reports. The tight supply has pushed prices to record levels, putting a serious burden on the global economy, as diesel is an indispensable fuel for agriculture, manufacturing and freight. We will also address similar topics at our Portfolio Investment Day conference on Octo…
The global diesel crisis could also be prolonged in 2027, shows a Reuters analysis. It can be mitigated in the first months of next year depending on what is happening in the Middle East. Equally important is that existing refineries work at maximum capacity. An oxygen mouth could also come from [...]
The global diesel market is grappling with a severe shortage that is expected to persist well into 2027. Wars and disruptions at refineries in the Middle East and Russia have severely reduced supply, while inventories in key sales markets are historically low...
Global diesel shortage is becoming a long-term economic constraint
The global diesel shortage is becoming a persistent constraint on economic activity, with depleted inventories leaving businesses exposed to expensive fuel well into 2027. Disruption in the Middle East and Russia has reduced the availability of a product essential to moving goods, harvesting crops and operating industrial equipment. Even if crude oil prices stabilise, diesel could remain costly because restoring supplies requires functioning re…
It is unlikely that the global deficit of diesel, driven by the conflicts in Iran and Ukraine, will diminish before 2027, considers market participants interviewed by Reuters, transmits Agerpres. Consequently, high fuel prices affecting economies around the world will persist. The wars in Iran and Ukraine have seriously disrupted the supply of [...]
It is unlikely that the global diesel deficit, driven by the conflicts in Iran and Ukraine, will diminish before 2027, which means that high fuel prices affecting economies around the world will persist, considers market participants interviewed by Reuters.
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