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Limited refining capacity and tight middle-distillate availability are keeping diesel costs high despite periods of lower crude prices, with diesel crack spreads exceeding $100 per barrel in key markets. The article attributes supply tightness to falling Russian exports and Middle Eastern disruptions, while increased U.S. exports are helping replace lost supply.
Constrained refining and competition for finished fuel keep diesel prices and agricultural operating costs elevated, even if crude prices ease. Harvest fuel demand leaves farmers with limited ability to reduce consumption.
rfdtv.comTony St. James, RFD-TV NEWS STAFFNov 6, 2026After 113 past bullish logistics events, ULSD / Diesel moved a median +0.6% over 5 sessions (54% higher; middle half -2.8% to +4.2%), and +0.2% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
