Diesel Predictions
Browse Diesel market predictions and forecasts from well-known financial commentators. Each prediction is tracked from the date it was published to its estimated deadline, then graded correct or wrong based on the outcome.
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[19:20] I fully expect when you see diesel up 160% on a one-year basis, by this time next year, it could easily be down 40%. Easily. That's just a normal cycle from that high.
Extracted by AI from a YouTube transcript. May be inaccurate or missing context. Verify via source. Send a correction.
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[8:32] we're very bullish for the next two months as we get try and address particularly the European shortage of natural gas and the global shortage of diesel as we head into winter.
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[19:32] It could go much higher from here. For example, when you run a refinery at 98 99% capacity across the industry, they blow up sometimes. And you know, we are one major explosion, accident, sabotage, pick your favorite theory, cyber attack. We're one major explosion at a large American, European, Asian refinery away from a real problem.
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[18:37] Of course. Look, um the same numbers that cause this to be a problem um prove just how solvable a problem it is. Um so if there's 7 million barrels a day of competitive seaborn barrels of diesel and the global refining capacity is 100 million barrels, every percent shift to diesel overall solves 15% of your problem. Um and so yes u refineries will invest to become more flexible... This will of course collapse the price of diesel.
Extracted by AI from a YouTube transcript. May be inaccurate or missing context. Verify via source. Send a correction.