Key facts
- Focus on Fuels Ep. 23 discusses crude oil, diesel, and gasoline market trends.
- The episode covers Strait of Hormuz disruptions and global SPR drawdowns.
- China crude demand and Russian supply issues are also discussed.
- Diesel is identified as a key area of concern.
- Potential downside risks include a reopening of the Strait of Hormuz or refined product export restrictions.
The latest episode of Focus on Fuels, Ep. 23, recorded on June 3, 2026, delves into current trends in crude oil, diesel, and gasoline markets. Hosts Alex Hodes and Trevor McClanahan examine price movements, ongoing disruptions in the Strait of Hormuz, global Strategic Petroleum Reserve (SPR) drawdowns, China's crude demand, and challenges with Russian supply. The episode highlights diesel as a primary area of concern for fuel buyers, fleet managers, and energy procurement teams. They also explore potential downside risks to fuel prices, such as the reopening of the Strait of Hormuz or the implementation of refined product export restrictions. The discussion aims to provide businesses exposed to fuel price volatility with a practical analysis of market fundamentals, headline risks, and procurement strategies.