At the core of global diesel markets is supply and demand and the perfect storm may be shaping up for 2024. According to the EIA, as of January 26, distillate inventories in the United States stood at ...
Diesel markets have grown increasingly tight in the last two years as demand for freight transport surged during the pandemic while production didn’t. With an embargo on Russian diesel looming, demand ...
LONDON, Jan 24 (Reuters) - China’s exports of refined petroleum products, especially diesel, surged in the final two months of 2022, relieving some of the global shortage caused by unusually low ...
LONDON, Feb 2 (Reuters) - U.S. manufacturers are nearing the end of an unusually prolonged but shallow slowdown in the business cycle which should start to boost energy consumption later in 2024. The ...