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2026-10-02T12:12:04.000Z

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Chicago Fed: Employment data shows stability

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4 Hrs2026-10-02T23:20:00.000Z
Chicago Fed: Employment data shows stability

Saudi gold prices on October 2

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18 Hrs2026-10-02T09:30:00.000Z
Saudi gold prices on October 2

Dollar hits 17-month high amid euro and yen drops

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19 Hrs2026-10-02T08:06:00.000Z
Dollar hits 17-month high amid euro and yen drops

Oil falls with supply gains and risks

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20 Hrs2026-10-02T06:59:47.000Z
Oil falls with supply gains and risks

Al-Sudairy's Role in 45 Days of Market Changes

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21 Hrs2026-10-02T05:38:11.597Z
Al-Sudairy's Role in 45 Days of Market Changes
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Russian embargo and US limits threaten diesel supply

Russia extended the diesel export ban until the end of October 2026, amid disruptions to refining operations caused by Ukrainian attacks. This puts pressure on the global diesel market, especially as the United States considers imposing export restrictions of its own. There has been heavy reliance on exports from Russia and the United States, which together supplied more than two million barrels per day of diesel, raising the risk of a severe supply shortage, particularly given refinery disruptions and shipping corridor issues. Additionally, rising refining margins and increasing diesel prices reflect a major crisis in refining capacity and product supply, threatening to drive up prices and reduce global supplies. Arab countries may have the opportunity to increase their exports if they can boost production and delivery.

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