# Diesel Fuel Prices Set to Soar This Summer: Three Forecasts - OPIS, A Dow Jones Company

> OPIS summarizes three forecasts pointing to high diesel prices this summer, citing global demand growth outpacing supply and low US and EU inventories. Energy Aspects expects falling inventories and rising consumption to pressure diesel markets.

- Date: 2018-05-07 · published 2018-05-07T12:00:00.000Z
- Category: macro · region Global · magnitude low
- Page: https://feedsoft.ai/events/65188-diesel-fuel-prices-set-to-soar-this-summer-three-forecasts-opis-a-dow-jones
- Commodities: [ULSD / Diesel](https://feedsoft.ai/c/DIESEL.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md)

## Why it matters

Tight diesel inventories suggest elevated fuel costs for trucking and grain logistics through summer. Higher diesel also feeds into freight rates and input costs for feed producers.

## Read by commodity

- WTI: bullish ▲
- DIESEL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DIESEL | 2018-08-26 | [Why Diesel Prices Are Set To Soar](https://feedsoft.ai/events/63722-why-diesel-prices-are-set-to-soar.md) | +1.8% | +3.9% |
| DIESEL | 2019-06-10 | [New marine fuel rules to boost diesel prices for at least a year: analysts](https://feedsoft.ai/events/58772-new-marine-fuel-rules-to-boost-diesel-prices-for-at-least-a-year-analysts.md) | +0.2% | +3.9% |
| DIESEL | 2023-08-25 | [Oil futures up 1% to one-week high on soaring US diesel prices](https://feedsoft.ai/events/34772-oil-futures-up-1-to-one-week-high-on-soaring-us-diesel-prices.md) | -0.2% | +5.4% |
| DIESEL | 2025-06-25 | [Diesel prices soar: Regional breakdown of  how Middle East conflict is impacting U.S gas and diesel prices \| FleetOwner](https://feedsoft.ai/events/24387-diesel-prices-soar-regional-breakdown-of-how-middle-east-conflict-is-impacting.md) | +1.5% | +7.7% |
| DIESEL | 2024-12-12 | [Global diesel prices to rely on refinery closures for support in 2025](https://feedsoft.ai/events/27158-global-diesel-prices-to-rely-on-refinery-closures-for-support-in-2025.md) | +1.1% | +12.9% |
| WTI | 2021-10-15 | [Oil prices rise to three-year high on back of supply deficit forecasts](https://feedsoft.ai/events/44716-oil-prices-rise-to-three-year-high-on-back-of-supply-deficit-forecasts.md) | +1.5% | +0.1% |
| WTI | 2023-08-25 | [Oil futures up 1% to one-week high on soaring US diesel prices](https://feedsoft.ai/events/34772-oil-futures-up-1-to-one-week-high-on-soaring-us-diesel-prices.md) | +5.3% | +13.4% |
| WTI | 2025-06-25 | [Diesel prices soar: Regional breakdown of  how Middle East conflict is impacting U.S gas and diesel prices \| FleetOwner](https://feedsoft.ai/events/24387-diesel-prices-soar-regional-breakdown-of-how-middle-east-conflict-is-impacting.md) | +1.8% | +3.1% |

## Sources

- opis.com: https://www.opis.com/blog/diesel-fuel-prices-set-to-soar/

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