# Global diesel supplies to remain tight until 2027, warns IEA

> The International Energy Agency says global diesel supplies will stay tight until 2027. It attributes the shortfall to Middle East tensions and falling exports from Russia and parts of Asia, and says the G7 has requested an emergency oil stock release. It also expects diesel prices to rise in importing markets such as Europe, Africa and Latin America.

- Date: 2018-03-09 · published 2018-03-09T12:00:00.000Z
- Category: report · region Global · magnitude medium
- Page: https://feedsoft.ai/events/66209-global-diesel-supplies-to-remain-tight-until-2027-warns-iea
- Commodities: [ULSD / Diesel](https://feedsoft.ai/c/DIESEL.md), [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md)

## Why it matters

A prolonged diesel shortfall and possible emergency stock release would raise crude and diesel costs, adding to transport and processing expenses for animal feed supply chains.

## Read by commodity

- BRENT: bullish ▲
- DIESEL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DIESEL | 2022-04-27 | [Oil Futures Mixed, ULSD Rallies on Tight Distillate Supply](https://feedsoft.ai/events/8168-oil-futures-mixed-ulsd-rallies-on-tight-distillate-supply.md) | +0.1% | -13.9% |
| DIESEL | 2021-02-18 | [US DATA: EIA says total US diesel fuel demand jumps to 15-month high \| S&P Global](https://feedsoft.ai/events/48824-us-data-eia-says-total-us-diesel-fuel-demand-jumps-to-15-month-high-s-and-p.md) | +4.0% | +3.4% |
| DIESEL | 2022-03-11 | [Global diesel shortage raises risk of oil price spike](https://feedsoft.ai/events/4721-global-diesel-shortage-raises-risk-of-oil-price-spike.md) | +5.0% | +1.3% |
| DIESEL | 2025-08-29 | [Diesel Prices Now Hold at $3.71 in a Tight Market](https://feedsoft.ai/events/23500-diesel-prices-now-hold-at-3-71-in-a-tight-market.md) | -0.6% | +5.3% |
| DIESEL | 2025-09-17 | [Summer diesel margins tighten with European supply shift -
		U.S. Energy Information Administration (EIA)](https://feedsoft.ai/events/23066-summer-diesel-margins-tighten-with-european-supply-shift-u-s-energy-information.md) | -2.6% | -8.1% |
| BRENT | 2021-08-31 | [OPEC+ sees tighter oil market until May 2022 \| Reuters](https://feedsoft.ai/events/45471-opec-sees-tighter-oil-market-until-may-2022-reuters.md) | -0.4% | +8.7% |
| BRENT | 2021-07-01 | [Oil climbs to highest in over two years as U.S. supplies tighten](https://feedsoft.ai/events/46777-oil-climbs-to-highest-in-over-two-years-as-u-s-supplies-tighten.md) | -2.8% | -1.5% |
| BRENT | 2018-03-09 | [IEA cuts 2026 oil supply forecast as Mideast recovery slips to 2027](https://feedsoft.ai/events/66170-iea-cuts-2026-oil-supply-forecast-as-mideast-recovery-slips-to-2027.md) | +1.0% | +4.8% |

## Sources

- tradearabia.com: https://www.tradearabia.com/News/488046/Global-diesel-supplies-to-remain-tight-until-2027-warns-IEA

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