The fuel sector is experiencing new turbulence, with a repeated increase in diesel prices. According to the Energy Information Administration (EIA), the price of diesel now stands at $4.54 per gallon.

🔍 These figures indicate a trend that is concerning market players.

The warning issued by the International Energy Agency about a possible oil shortage in Q4 adds to the concerns. The policies of countries such as Saudi Arabia and Russia also influence the price curve. 🛢️

What are the implications?

• The volatility of diesel prices directly impacts road transport, consequently affecting businesses and consumers.

• With stress on distillate stocks and ongoing challenges in the refinery sector, the market is shifting sands.

• Forecasting becomes an art in such a changing environment.

Would controlling diesel prices have the effect of controlling inflation? What do you think?

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