Diesel (HO)

Where each commentator stands

• Steve Hanke: Steve is bullish on diesel, with no stated time horizon. (updated 2026-11-10) Source: Following a renewed wave of Ukrainian strikes on Russian refineries, Russian state-owned oil group Rosneft has restrict…. Price at prediction: $4.17. +1.0% since initial prediction.
• Mike McGlone: Mike is bearish on diesel in the short term (Sep–Dec 2026) and over the medium term (Oct 2026–Oct 2027). (updated 2026-10-31) Source: Speculators vs. Energy Inflation or Autocorrelation The front heating oil future (HO1) has bumped up near its 2022 high…. Price at prediction: $4.77. +11.8% since this short-term prediction.
• Mike McGlone: Mike is bearish on diesel, with no stated time horizon. (updated 2026-10-22) Source: Bloomberg's Mike McGlone: AI Risk Could Force Bitcoin Drawdown to $10,000. Price at prediction: $4.77. +11.8% since initial prediction.
• Chris Whalen: Chris is bullish on diesel, with no stated time horizon. (updated 2026-09-19) Source: Chris Whalen: Age of Uncertainty — Falling Home Prices, Cracks in Private Credit & a Sidelined Fed. Price at prediction: $4.84. -13.2% since this prediction.
• Darius Dale: Darius is bullish on diesel, with no stated time horizon. (updated 2026-09-02) Source: The Macro Minute: Can the current risk-on Market Regime condition survive 1-2 rate hikes?. Price at prediction: $4.66. -9.8% since this prediction.