Focus on Fuels Ep.23: Diesel Tightness, SPR Drawdowns and Supply Risk

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.

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