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HomeDiesel

Diesel

seaborne diesel
Diesel

Russia’s seaborne diesel trading partners shifted after Feb 2023 sanctions

May 15, 2024 Mariel Alumit

In 2023, Brazil and Saudi Arabia replaced France and Germany as the countries with the second- and third-most seaborne diesel imports from Russia after sanctions related to Russia’s petroleum product trade went into effect in February 2023. […]

diesel trucks
Diesel

EU Parliament adopts 90% phase-out of new diesel trucks by 2040

April 11, 2024 Mariel Alumit

  Average emissions of new trucks will have to be reduced by 90% by 2040, compared to 2019, the European Parliament decided on Wednesday (10 April), adopting a law that will drastically reduce the number […]

Russia
Crude Oil News

Russia forced to import fuel with up to 20% of its refining capacity knocked out

April 9, 2024 Mariel Alumit

EuropeTankers Telegram A new report from Oslo-based Arctic Securities estimates today that around 20% of Russia’s refining capacity has been knocked offline with as much as 3m more barrels per day at risk from increasingly […]

Petrol
Diesel

Petrol prices surge by 6p/litre in 2024

April 5, 2024 Mariel Alumit

The price of petrol has risen by almost 6p per litre since January, with a notable 2p increase recorded in March, reaching an average of 146.48p per litre, as reported by RAC Fuel Watch. Similarly, […]

renewable diesel
Diesel

EIA now publishes interregional renewable diesel rail shipment data

April 5, 2024 Mariel Alumit

In our March Petroleum Supply Monthly (PSM), we introduced data on the interregional movement of renewable diesel. These new data add to our existing tanker and barge movement coverage for renewable diesel. With the new data, we […]

Agriculture

EU moves to speed up adoption of green conditions simplification for farmers 

March 20, 2024 Mariel Alumit

  The measures to loosen some of the environmental requirements of the EU’s Common Agricultural Policy (CAP) could come into force in 2024, with the European Parliament speeding up the approval of the Commission’s proposal […]

EU
Crude Oil News

EU states buying Russian energy ‘on the sly’ – Moscow

February 7, 2024 Mariel Alumit

  Oil and gas are still reaching the bloc via third countries, a top Russian senator has said EU countries continue to purchase Russian oil and gas despite bold statements about abandoning supplies, the chair […]

tanker
Diesel

Fuel tanker costs surge on Red Sea crisis – Bloomberg

January 27, 2024 Mariel Alumit

  Houthi attacks in the waterway have prompted many companies to redirect vessels to longer and more expensive routes The cost of shipping fuel by sea has in some cases soared above $100,000 a day […]

U.S. coal exports
Crude Oil News

EIA expects average U.S. gasoline and diesel prices to decrease in 2024 and 2025

January 24, 2024 Stu Turley

In our January Short-Term Energy Outlook (STEO), we expect average U.S. retail gasoline prices to decrease in 2024 because of increased inventories related to increased refinery capacity. In 2025, we expect slightly reduced gasoline consumption to further […]

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