Crude prices soared on Tuesday morning after OPEC+ leaked that it may decide to cut output once again if, and when Iran makes a full comeback to oil markets. Reader Update: Whether you are new to the oil and gas industry or an energy market veteran, you will regret not signing up for Global Energy Alert . Oilprice.com’s premium newsletter provides everything from geopolitical analysis to trading analysis, all for less than a cup of coffee per week. Chart of the Week Diesel Spikes Just Around the Corner – Diesel prices have demonstrated exceptional strength this year, flipping to a premium to gasoline of some $20 per barrel over the summer months, and market data indicates this trend is far from over. – ULSD prices in Europe’s key ARA trading region have been trending around $1,080 per metric ton lately, down some $400/mt from their erstwhile peak in March. […]