Diesel & heating oil delivery

Economy & markets

Brent rises above $100, increasing pressure on fuel markets

The IEA confirms severe international diesel-market tightness and reports that North Sea Dated crude reached $113.48 per barrel on 9 September. These figures provide context but do not set the price of a delivery in Aragon.

Published · sources verified

· Verified on 7 September 2026

Oil storage terminal with tanks and rail tankers at dawn

The International Energy Agency published its monthly Oil Market Report on 11 September. It puts North Sea Dated crude at $113.48 per barrel on 9 September and describes particularly acute tightness in diesel and gasoil, whose international prices have risen more sharply than crude prices.

According to the IEA, combined net diesel and gasoil exports from the Gulf and Russia in August were 1.6 million barrels per day lower than in February. Restricted Middle East flows, attacks on Russian refineries and higher shipping costs have reduced refined-product availability and pushed Atlantic Basin refining margins to record highs.

The report also cuts its forecasts: world oil demand is expected to fall by 2.5 million barrels per day in 2026, 940,000 barrels per day more than estimated in August. Global production fell by 1.6 million barrels per day in August to 100.1 million, while observed inventories declined by 95 million barrels that month and by 507 million since February.

These are international benchmarks, not a tariff for Spain. The final delivery price also depends on the product, refined-product quotations, taxes, transport, volume, destination and delivery terms. The report cannot be used to calculate automatically how the price of category A, B or C gas oil will change in Aragon.

The alert remains active because of the size of the move and will be reviewed as the data change. To request a delivery, provide the product or intended use, approximate litres, town and tank access; availability, price and date are confirmed for each order.

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