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07.10.26 - 22:15
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Truck stops warned against red-dyed diesel sales: ′Limited upside′ (The Hill)
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Truck stops were warned by industry groups against selling red-dyed diesel, saying there is “limited upside” to its sale following reported record-high diesel prices across the U.S. “The White House appears to be trying to encourage the supply chain to move toward selling dyed fuel in non-traditional ways,” the Society of Independent Gasoline Marketers of......
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07.10.26 - 18:24
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IEA beschleunigt Freigabe von Ölreserven - Diesel im Fokus (DPA-AFX)
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PARIS (dpa-AFX) - Die Internationale Energieagentur (IEA) will den von Deutschland und den übrigen G7-Staaten angesichts der steigenden Kraftstoffpreise geforderten Zugriff auf Ölnotreserven umsetzen. Die IEA-Mitgliedsregierungen hätten sich dafür ausgesprochen, ......
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07.10.26 - 17:39
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Oil Drops Despite 3.1 Million Drop In Crude Inventories, Diesel Spikes (ZeroHedge)
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Oil Drops Despite 3.1 Million Drop In Crude Inventories, Diesel Spikes
Oil prices were largely unchanged, trading near session lows, after today's DOE inventory data affirmed the latest downbeat API prints from Tuesday afternoon, showing that the crude draw in the last week was even bigger than what API reported (-2.1MM), and far worse than the +1.9MM expected increase, printing at -3.186MM, the biggest draw in 6 weeks.
API
Crude -2.1mm (vs +1.0mm last)
Gasoline -1.4mm (vs +3.0mm last)
Distillates +0.5mm (vs -0.3mm last)
Cushing +0.9mm, (vs +0.2mm last)
DOE
Crude -3.186mm, the biggest drain in 6 weeks, and far below the exp. +1.915MM
Gasoline +382k
Distillates -42k
Cushing +444K
And visually:
The decrease in commercial crude stockpiles was boosted by another 784,000 barrels withdrawn from the Strategic Petroleum Reserve.
That increased the overall nationwide crude draw to 3.97 million barrels in the week leading up to Oct. 2. A total of 1...
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07.10.26 - 16:01
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Can Trump Lower Gas and Diesel Prices Before the Midterms? (Bloomberg)
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President Donald Trump returned to office promising to lower the cost of living for Americans. At the start of his second term, the price of gasoline in the US was, on average, around $3 a gallon. It's now above $4 — a record high for this time of year — posing a problem for Republicans as they seek to hold onto both chambers of Congress in November's midterm elections....
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