|
|
|
07.08.26 - 12:09
|
Winter Is Coming: Europe Faces Twin Diesel And NatGas Crunch (ZeroHedge)
|
|
|
Winter Is Coming: Europe Faces Twin Diesel And NatGas Crunch
Samantha Dart, co-head of global commodities research at Goldman Sachs, began the week by telling Bloomberg TV that the global diesel-supply crunch is "what keeps her up at night." She followed up Wednesday with a client note warning that European natural gas storage levels are also lagging the seasonal average ahead of the winter heating period.
Benchmark TTF futures have fallen 7% this week to about 54 euros per megawatt-hour, but Dart maintained her 60-euro balance-of-third-quarter forecast. She noted that Northwest European LNG imports missed July expectations by 2.1 million tons on an annualized basis, leaving storage just 43% full at month-end versus the 45.5% projected.
The latest Bloomberg data shows that Europe's NatGas storage is about 57.87% full, roughly 18 percentage points below the 2009–25 average.
"Specifically, the July miss in European LNG imports (and the resulting miss in storage fill) vs our ex...
|
|
|
06.08.26 - 20:39
|
Global Diesel Crunch Deepens As Record US Distillate Exports Race To Supply-Starved Europe (ZeroHedge)
|
|
|
Global Diesel Crunch Deepens As Record US Distillate Exports Race To Supply-Starved Europe
US distillate exports surged to a record last week as global supplies tightened. Disruptions across the Gulf area and various surrounding maritime chokepoints, as well as Ukrainian one-way attack drone strikes that have paralyzed portions of Russia's energy infrastructure, have been a major boon for US refiners and export terminals along the Gulf of America.
To begin the week, Samantha Dart, co-head of global commodities research at Goldman Sachs, told Bloomberg TV, "The situation in Russia is really one thing that worries us a lot."
Dart warned, "I'd say on the oil side, as I mentioned before, diesel, I think is the oil product that is most vulnerable right now, not just because you have your seasonal demand strength ahead just in the winter, but on the supply side. And to your point in the beginning, it's not just that you run war, it's what's happening to the Russian refineries as ...
|
|
|
06.08.26 - 19:38
|
Gas: Europas Preise bleiben wegen niedriger Speicherstände unter Aufwärtsdruck (SG)
|
|
|
Die Gasölvorräte in der Region Amsterdam-Rotterdam-Antwerpen fielen in der letzten Berichtswoche laut Daten von PJK International um mehr als 200 Tsd. auf 1,415 Mio. Tonnen. Das ist das niedrigste Niveau seit Juni 2022. Abgesehen von der einen Berichtswoche vor gut vier Jahren und einer im Oktober 2014 waren die ARA-Gasölbestände nur in der ersten Jahreshälfte 2008 noch niedriger. Dies deutet auf eine sehr angespannte Versorgungslage am europäischen Dieselmarkt hin.. --- Nervosität schüren die niedrigen Gasspeicherfüllstände in der EU. Ein Grund dürfte die erhöhte Gasnachfrage zur Stromerzeugung im Juli gewesen sein. Im letzten Monat wurden EU-weit knapp 2 TWh Strom mehr aus Gaskraft als noch im Vorjahresmonat erzeugt. Darüber hinaus waren die LNG-Importe vergleichsweise niedrig, da in den vergangenen Monaten viel LNG nach Asien umgeleitet wurde.. https://www.boersentreff.de/diesel-news.htm https://www.boersentreff.de/erdgas-news.htm
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
03.08.26 - 18:00
|
Centre raises windfall tax on petrol, diesel and ATF exports from August 3 (Times of India)
|
|
|
India has increased export duties on petrol, diesel, and aviation fuel. These revised rates will be effective from August 3 for the next fortnight. Domestic fuel duties remain unchanged, providing stability for local consumers. This move follows a reduction in commercial LPG prices earlier this month. The government is assessing global conflicts' impact on India's supply chains....
|
|
|
|
|
03.08.26 - 09:18
|
Goldman Sachs Warns on Russia-Driven Diesel Squeeze (Bloomberg)
|
|
|
Samantha Dart, co-head of global commodities research at Goldman Sachs, joined Haslinda Amin on Insight with Haslinda Amin to discuss growing risks in diesel markets. Dart says disruptions to Russian fuel exports and the US-Iran war are tightening supplies, raising concerns about global refining capacity and fuel prices. (Source: Bloomberg)...
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|