# AFPM: why have diesel prices jumped significantly? | Hydrocarbon Engineering

> The American Fuel & Petrochemical Manufacturers association attributes the diesel price jump to four drivers: crude costs, lost global refining capacity of about 3.2 million bpd since 2020, reduced Russian refinery throughput after sanctions, and Europe's reliance on Russian diesel imports.

- Date: 2022-05-30 · published 2022-05-30T12:00:00.000Z
- Category: geopolitics · region Global · magnitude medium
- Page: https://feedsoft.ai/events/41590-afpm-why-have-diesel-prices-jumped-significantly-hydrocarbon-engineering
- Commodities: [ULSD / Diesel](https://feedsoft.ai/c/DIESEL.md), [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md)

## Why it matters

Structural refining shortfalls and Russian supply losses point to sustained high diesel prices, raising trucking and feed delivery costs for buyers.

## Read by commodity

- BRENT: bullish ▲
- DIESEL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DIESEL | 2026-04-01 | [Fertilizer Prices Have ‘Significant’ Rise After Attack on Iran](https://feedsoft.ai/events/5105-fertilizer-prices-have-significant-rise-after-attack-on-iran.md) | -7.8% | +0.9% |
| DIESEL | 2026-08-24 | [Why diesel prices keep rising](https://feedsoft.ai/events/18073-why-diesel-prices-keep-rising.md) | -2.9% | +10.0% |
| DIESEL | 2025-10-28 | [Diesel Prices Jump on Russia Sanctions and Refinery Outages - Bloomberg](https://feedsoft.ai/events/22594-diesel-prices-jump-on-russia-sanctions-and-refinery-outages-bloomberg.md) | -1.4% | -1.1% |
| DIESEL | 2026-08-24 | [Diesel Prices Surge, Spot Rates Plunge: Why Trucking Costs Are Disconnected - FreightWaves](https://feedsoft.ai/events/18071-diesel-prices-surge-spot-rates-plunge-why-trucking-costs-are-disconnected.md) | -2.9% | +10.0% |
| DIESEL | 2023-12-27 | [Diesel Prices Rebound After 8-Week Decline on Supply Concerns](https://feedsoft.ai/events/32880-diesel-prices-rebound-after-8-week-decline-on-supply-concerns.md) | -1.8% | +5.5% |
| BRENT | 2026-04-01 | [Fertilizer Prices Have ‘Significant’ Rise After Attack on Iran](https://feedsoft.ai/events/5105-fertilizer-prices-have-significant-rise-after-attack-on-iran.md) | -12.2% | -1.1% |
| BRENT | 2018-10-15 | [Why Oil Prices Are Suddenly Jumping \| Fortune](https://feedsoft.ai/events/62707-why-oil-prices-are-suddenly-jumping-fortune.md) | -0.6% | -13.6% |
| BRENT | 2023-12-27 | [Diesel Prices Rebound After 8-Week Decline on Supply Concerns](https://feedsoft.ai/events/32880-diesel-prices-rebound-after-8-week-decline-on-supply-concerns.md) | -3.6% | +0.5% |

## Sources

- hydrocarbonengineering.com: https://www.hydrocarbonengineering.com/refining/30052022/afpm-why-have-diesel-prices-jumped-significantly/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.