DIESEL U.S. Diesel Loading... : Bullish and Bearish Analyst Opinions

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23:00
Aug 21
Clayton Siegel Senior Fellow, CSIS (Energy Security) Bloomberg Markets
Brent sideways; gasoline and diesel rise.
Brent crude in the $90s reflects a delicate balancing act between both sides in the Iran conflict; until a diplomatic breakthrough or new off-ramp, Brent is likely to trade sideways, while gasoline and diesel remain in short supply and continue to tick higher.
DIESEL 1ST
HIGH
21:57
Aug 21
Daan Struyven Head of Oil Research, Goldman Sachs Bloomberg Markets
Go long diesel as escalation hedge.
China stabilizes crude but not products, and refining supply constraints from Middle East and Russia outages argue for using long diesel as the best hedge against further Iran-related escalation.
DIESEL 1ST
HIGH
21:00
Aug 21
Diane Swonk KPMG Chief Economist Bloomberg Markets
Energy and diesel costs rising on tight supply.
Diane Swonk argues that energy prices are rebounding with diesel costs picking up dramatically. She sees refinery capacity constraints and slowing Canadian imports from scheduled maintenance adding to supply tightness, which will make this a tough inflation period for the Federal Reserve.
DIESEL 1ST
HIGH
14:35
Aug 21
Helima Croft Head of Global Commodity Research, RBC Capital Markets CNBC
Diesel tight, historic highs, no spare refining
Helima Croft says diesel is the energy market to pay closest attention to: diesel prices are at historic highs, there is no spare refining capacity for diesel, refineries are running flat out, Middle East refineries have been targeted by Iran, and Ukraine continues hitting Russian refineries.
DIESEL 1ST
HIGH
11:33
Aug 21
Majid Jafar CEO, Crescent Petroleum Bloomberg Markets
Refined products and gas squeeze higher.
The factors that suppressed oil are running out: U.S. supply response, Chinese demand suppression/stock releases, and talk of a deal. The bottleneck is moving downstream and is stickier, with record diesel crack spreads and jet fuel near $200, while oil products and LNG are not getting through like crude, spiking Asian gas prices; this could get a lot worse into winter.
DIESEL 1ST
HIGH
10:58
Aug 21
High diesel crack margins threaten inflation shock.
Diesel crack margins have surged past 2022 war levels to $96, making diesel prices very high. This will likely pass through to refined products and petrochemicals, potentially causing an inflation shock in the upcoming August and September CPI and PPI readings.
DIESEL
MED
16:41
Aug 19
Diesel prices stay elevated near record.
Diesel is at $5.50 for the first time since late May, only about 30 cents from an all-time high, with California already at $7, keeping diesel costs elevated and creating pass-through inflation risk for trucking, trains, ships, and farm equipment.
DIESEL
MED
14:18
Aug 13
Francisco Blanch Head of Global Commodities and Derivatives Research, Bank o… Bloomberg Markets
US gasoline and diesel likely rise further.
US gasoline and diesel prices are bumping against early-June highs even though the US is at a seasonally low point for fuel consumption. Prices are likely to go higher because inventories are running very low, and without a geopolitical resolution in Hormuz, low inventories will force price volatility up and ration demand.
DIESEL
HIGH
14:18
Jul 31
Wild Swan CEO, Shell CNBC
Diesel and gasoline markets are short
Refineries are shifting production heavily toward jet fuel (increasing output by around 20%), which is coming at the expense of diesel and gasoline, and all the price signals now show that the market is short diesel and gasoline.
DIESEL
HIGH

About DIESEL Analyst Coverage

Buzzberg tracks DIESEL (U.S. Diesel) across 3 sources. 8 bullish vs 0 bearish calls from 9 analysts. Sentiment: predominantly bullish (89%). 9 total trade ideas tracked. Past 7 days: 6 bullish, 1 watch. Latest voices: Clayton Siegel, Daan Struyven, Diane Swonk.