The International Energy Agency expects the global diesel and gasoil market to remain tight into 2027, according to The Maritime Executive’s 15 October report.

The publisher’s account links supply pressure to disruption around the Strait of Hormuz and damage to refining infrastructure in the Middle East and Russia. It says additional exports from the US Gulf Coast and China have partly offset the shortfall.

The report also describes a conditional risk: weaker refining margins could prompt some European and Asian operators to reduce output, tightening supply further.

Details in the source report +
Reported details and their context.
DetailValueUnitContext
Horizon of the reported IEA market outlook2027calendar yearExternal agency outlook as reported by The Maritime Executive; future conditions are not realized observations
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Source: The Maritime Executive · original report