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News 2026-10-14 08:26 UTC

UPDATE 1 — Diesel shortages could persist well into 2027, IEA says

IEA expects year-end refinery recovery to replenish stocks but not offset this year's diesel deficit Middle East and Russia lose combined 1.3 million barrels per day of diesel exports in September, IEA says Agency says elevated diesel costs risk stoking inflation and hurting growth (Adds detail from paragraph 4) By Rob

News 2026-10-14 08:14 UTC

Diesel shortages could persist well into 2027, IEA says

LONDON, Oct 14 (Reuters) — Constrained diesel supplies could persist well into next year as large counter-seasonal stock drawdowns have combined with restricted production ahead of the peak winter demand season, the International Energy Agency said in its latest monthly oil market report. Diesel refining margins, the f