Diesel prices remain high due to refinery outages, impacting demand. Crude oil reaching a new all-time high by December 31 at 10.5% YES.

US diesel prices hit a record $5.85 per gallon in September 2026, driven by Strait of Hormuz disruptions and Russian refinery strikes,

Global diesel supplies are expected to remain exceptionally tight through the coming winter as refinery disruptions in Russia and the Middle East drain inventories and drive fuel…