Diesel Shortage May Persist Into Next Year

The International Energy Agency (IEA), in its monthly oil market report, warned that diesel supply constraints could last until 2027. A sharp drop in inventories, contrary to the usual seasonal pattern, has coincided with production limits ahead of the winter demand peak.

In its monthly oil market report, the International Energy Agency (IEA) warned that diesel supply constraints may continue until 2027, as sharp declines in inventories, contrary to the usual seasonal trend, have coincided with production restrictions ahead of peak winter demand.