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05.11.26 - 01:18
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Global Diesel Crunch Set To Last Well Into 2027 (ZeroHedge)
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Global Diesel Crunch Set To Last Well Into 2027
Authored by Tsvetana Paraskova via OilPrice,Asia's crude imports have nearly recovered to pre-war levels, reaching 26.39 million bpd in October, while refined fuel imports remain 10% below pre-war volumes.Diesel shortages persist despite recovering crude flows, as damaged Middle Eastern refineries, Russian supply disruptions and reduced fuel shipments keep refining margins elevated.The global diesel crunch could extend well into 2027, with deferred refinery maintenance and uncertain Chinese exports threatening to prolong supply shortages.While crude oil imports in Asia have reached pre-war levels, imports of refined products remain weak as gasoline and diesel imports from the Middle East have crashed amid reduced refining capacity.Asia's oil import story these days is a reflection of the global oil markets - crude oil availability has significantly increased since the early summer lows and flows out of the Middle East have largely recovered, bu...
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04.11.26 - 18:45
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US Diesel Supplies Slump To 23-Year Lows; Oil Prices Lower After Trump′s Comments, SPR Drain (ZeroHedge)
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US Diesel Supplies Slump To 23-Year Lows; Oil Prices Lower After Trump's Comments, SPR Drain
Oil prices extended losses this morning as investors weighed the Democratic sweep of Congress in the Midterms and what it means for President Trump's approach to Iran, amid uncertainty over whether Washington will pursue diplomacy or renew military strikes. Specifically, the results could introduce additional constraints on Trump's agenda, particularly around funding overseas military operations and other foreign policy commitments.Additionally, Qatar said Tuesday that mediation between Washington and Tehran was continuing, with both sides reviewing proposals exchanged through intermediaries, and for now, Trump said he had no immediate plans for launching more strikes on Iran. “We're locked and loaded if we need to go, but there may be no reason for it,” he said in an interview with the Financial Times.But for now, all eyes are on the inventory and supply data...DOECrude -865kCus...
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03.11.26 - 16:06
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NJ Governor Warns Ports Against Russian Diesel Allowed by Trump (Bloomberg)
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Governor Mikie Sherrill warned New Jersey port and terminal operators against accepting Russian diesel shipments authorized by the Trump administration, arguing that such imports would violate federal law and noting at least one tanker carrying the fuel may be headed for the state....
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