Focus on Fuels Ep. 20: Crude Trends, Refining Constraints, and Diesel Market Signals

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.