Diesel Margins Reach Record $100 Per Barrel Amid Supply Shortages

Diesel margins have surged to a record $100 per barrel as a global supply crunch drives refined product prices significantly higher than crude oil benchmarks.

European diesel is currently trading at approximately $170 per barrel, nearly double the $90.94 price of Brent crude, reflecting a major disconnect in energy markets.

Gasoline prices have risen 30% over the past year while diesel costs are up 46%, directly impacting trucking, shipping, and industrial sectors globally.