The global diesel crunch could keep fuel supplies tight into 2027 despite an expected increase in refinery output, according to the International Energy Agency’s October 14 report. U.S. diesel averaged $6.18 a gallon on October 12, while East Coast inventories remained below seasonal norms, raising cost and supply concerns for trucking companies, manufacturers and fuel distributors.
The global diesel crunch could keep fuel supplies tight into 2027 despite an expected increase in refinery output, according to the International Energy Agency’s October 14 report. U.S. diesel averaged $6.18 a gallon on October 12,
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