Global Diesel Supply Crunch to Persist Through Winter on Refining Gaps

Executives at the Asia-Pacific Petroleum Conference warn that global diesel supply will remain tight into next year, citing a combined shortfall of roughly 4 million barrels per day from Russian and Middle Eastern facilities. The lack of sufficient refining capacity to offset these losses points to sustained price pressure and potential supply disruptions through the winter. The claim is based on industry commentary, not official data, leaving the exact magnitude of the shortfall uncertain.