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Diesel Shortage May Persist Into 2027 as U.S. Stocks Hit Seasonal Record Low

U.S. distillate StocksStocks refers to ownership securities representing claims on companies and traded across equity markets. The term belongs in Level 7 because it helps connect macro conditions, p...Read More fell to a seasonal record low as global diesel scarcity pushed retail prices above $6 a gallon and may persist into 2027.

Global diesel supplies are likely to remain tight into 2027 after war-related disruptions drained inventories and lifted prices, Reuters reported. U.S. distillate stocks fell to 107.9 million barrels in the week ended September 11, the lowest level for that point in the year since EIA records began in 1982. U.S. retail diesel exceeded $6 a gallon in September for the first time, while unused storage capacity increased, indicating that scarce product rather than insufficient tank space is constraining inventories.",

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