The National, citing the IEA, put US and Europe diesel above 220 dollars a barrel, about 95 percent above pre-war levels, and said the US Energy Information Administration (EIA) expects US distillate stocks to fall below 100 million barrels in September. The IEA's own September 2026 Oil Market Report page said Atlantic Basin refining margins hit records in August on sharply higher diesel cracks, while observed global oil inventories plunged another 95 million barrels.
The National, writing on 19 September 2026 and citing the IEA, put US and Europe diesel above 220 dollars a barrel, about 95 percent above pre-war levels. That is a price level, not a forecast for next quarter. The same card said the EIA expects US distillate inventories to slip below 100 million barrels in September. Those pages stop at the figures they printed.[1]
The IEA's September 2026 Oil Market Report page said Atlantic Basin refining margins reached records in August, with sharply higher diesel cracks, while observed global oil inventories plunged another 95 million barrels. The National 220 figure and this inventory drop sit on the same 19 September desk, from two pages that name the IEA. Those pages stop at the figures they printed.[2], [1]
Neither page here sets a year-end diesel price. The National adds the EIA distillate watch; the IEA page adds the August crack record. A reader who wants the full table has to open the Oil Market Report itself. Those pages stop at the figures they printed.[1], [2]
