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Diesel futures hit record high on September 26, Chris Martenson warns

Diesel futures hit record high on September 26, Chris Martenson warns
Diesel futures at NY Harbor surge

Chris Martenson highlights that diesel futures at NY Harbor have reached a record high for September 26, raising the possibility of inbound inflation and potential shortages.

He adds that even a single major refinery outage could critically worsen the supply situation.

Martenson previously reported sharp declines in U.S. fuel reserves as the Iran war resumed and China allowed product exports, raising concerns about price pressures in a recent article. He also advised investors to consider shifting from technology stocks to the energy sector due to changing market conditions in another post. These earlier observations come as diesel futures mark new highs.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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