According to Vitol, why could gasoline face a supply crunch despite current pressure being on diesel and jet fuel?

Vitol warns that gasoline could be the next petroleum product to face supply pressure because refiners in the US and elsewhere are shifting output toward diesel and jet fuel—markets heavily impacted by the Iran war and disrupted exports through the Strait of Hormuz—thereby inevitably reducing gasoline production; as Bader Nooruddin of Vitol Bahrain stated, 'The problem had to end up somewhere,' implying supply constraints displaced from diesel and jet fuel markets are now poised to affect gasoline.

What did Vitol’s Bader Nooruddin identify as the key driver behind gasoline potentially becoming the next fuel impacted by supply shortages?

Bader Nooruddin, regional head of research at Vitol Bahrain, identified the refiners’ strategic output skew—driven by Middle East upheaval impacting diesel and jet fuel markets—as the key driver; with regional refiners previously playing a prominent role in those markets and their exports choked through the Strait of Hormuz, global refiners responded by prioritizing diesel and jet fuel production, which inherently reduces gasoline output, making gasoline the logical next point of supply strain.

Vitol Warns Gasoline Could Be Next Fuel to Face Supply Crunch

Jun 3, 2026

Vitol Group warns gasoline may face supply pressure as Middle East conflicts force refiners to prioritize diesel and jet fuel. This shift could spark a summer supply battle for gasoline amid ongoing regional instability.

bloomberg

2026-06-03

Namibia's Fuel Deal With Vitol Raises Questions Over Process

2026-06-03

Vitol Warns Gasoline Could Be Next Fuel to Face Supply Crunch

Vitol Warns Gasoline Could Be Next Fuel to Face Supply Crunch

FAQ