#Backwardation

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Diesel fuel pump nozzle at truck stop with price display showing volatility in fuel costs

Fuel & Energy Nov 4, 2026

Diesel Futures Swing 25 Cents in Two Days on Iran Rumors

Ultra-low sulfur diesel plunged then rebounded on geopolitical chatter, but backwardation and low inventories signal tight supply ahead of heating season.

By Tess Crawford