Focus on Fuels

Diesel prices are climbing as global refinery capacity remains tight, Russian refinery disruptions reduce exports and uncertainty surrounding the Strait of Hormuz continues to pressure energy markets.In this episode of Focus on Fuels, Alex Hodis and Trevor McClanahan discuss:What is driving the latest diesel price rallyHow Russia and Ukraine are affecting global fuel suppliesWhy U.S. diesel exports and refinery margins matterThe impact of refinery maintenance and limited capacityWhether China, India and the United States can help fill the supply gapHow crude oil, jet fuel, gasoline and propane markets may respondWhat to watch in Midwest and Gulf Coast diesel marketsThe discussion also explores potential downside risks, changing global demand and the market factors businesses should monitor as we move into the fall and winter fuel seasons. For more information about StoneX fuel market research and fuel price risk-management solutions, visit: Strategic Energy Market Forecasts and Analysis Subscription | StoneX#DieselPrices #FuelMarkets #CrudeOil #EnergyMarkets #FuelHedging #StoneX

In this episode of Focus on Fuels, Alex Hodes and Trevor McClanahan discuss the latest crude oil, diesel and gasoline market trends affecting fuel buyers, fleet managers and energy procurement teams.Recorded on June 3, 2026, the episode covers recent price movement in crude and diesel, ongoing Strait of Hormuz disruption, global SPR drawdowns, China crude demand, Russian supply issues and why diesel remains a key area of concern. Alex and Trevor also discuss what could create downside risk, including a reopening of the Strait of Hormuz or potential refined product export restrictions.For businesses exposed to fuel price volatility, this episode offers a practical look at the market fundamentals, headline risk and procurement considerations shaping the current fuel price outlook.Explore StoneX Market Intelligence: https://shop.stonex.com/collections/energy/?utm_source=focus_on_fuels&utm_medium=podcast&utm_campaign=energy #OOTT #OATT #EnergyMarkets #RiskManagement #CrudeOil #FuelPrices

Oil prices remain volatile as ceasefire headlines collide with a still-closed Strait of Hormuz. In this episode of Focus on Fuels, StoneX energy experts Alex Hodes and Trevor McClanahan analyze the latest oil market developments and what they mean for crude and diesel pricing. They discuss how conflicting signals around U.S.–Iran negotiations are impacting market sentiment, why physical oil flows remain constrained, and how a prolonged disruption is influencing global supply and demand. The episode also highlights early demand destruction in Asia, ongoing production outages across key Gulf producers, and tightening diesel fundamentals. Hodes and McClanahan explain how backwardation is shaping the forward curve and what that means for fuel buyers evaluating hedging strategies. They also outline practical approaches to managing price risk, including forward contracting and options structures in a high-volatility environment. For businesses exposed to fuel costs, this episode provides timely insight into oil price trends, diesel market outlook, and risk management strategies. Explore StoneX Market Intelligence: https://shop.stonex.com/collections/energy/?utm_source=focus_on_fuels&utm_medium=podcast&utm_campaign=energy #OOTT #OATT #EnergyMarkets #RiskManagement #CrudeOil #FuelPrices

In this episode of Focus on Fuels, StoneX energy experts Alex Hodes and Trevor McClanahan examine the impact of ongoing geopolitical tensions on global oil markets. With the Strait of Hormuz effectively closed and supply disruptions mounting, they break down what a multi-million barrel per day deficit means for crude and diesel pricing. The discussion explores competing market scenarios, including the potential for a toll system to restore flows versus the risk of further escalation and direct military involvement. They analyze how these outcomes could affect global supply chains, refinery operations, and price volatility. Hodes and McClanahan also highlight tightening diesel fundamentals, regional supply imbalances, and the role of backwardation in shaping hedging decisions. For fuel buyers and risk managers, the episode outlines key considerations for navigating near-term uncertainty and managing exposure in a rapidly shifting market environment . Need more insights? Start your free 14-day trial: Explore StoneX Energy solutions: https://shop.stonex.com/collections/energy/?utm_source=focus_on_fuels&utm_medium=podcast&utm_campaign=alex_hodes

In this episode of Focus on Fuels, StoneX energy experts Alex Hodes and Trevor McClanahan examine the latest moves in crude and refined product markets. They discuss current price trends, shifting supply dynamics, and what’s driving volatility across the complex. The conversation highlights ongoing constraints in global refining capacity, regional supply disruptions, and how these factors are shaping diesel markets. Hodes and McClanahan also break down key demand signals, including seasonal shifts and global trade flows, and what they may mean for prices in the near term. They close with a look at forward market opportunities and considerations for fuel buyers as uncertainty persists across crude and refined products. For market participants, the episode provides a clear view of the forces influencing diesel pricing and risk management decisions heading into the next phase of the energy cycle.