Daily Standup Top Stories Traders Become More Bullish on European Diesel as Winter Arrives December 2, 2024 Mariel Alumit Hedge funds and portfolio managers are reducing their short positions on European diesel futures. Rising natural gas […]
Hedge funds and portfolio managers are reducing their short positions on European diesel futures. Rising natural gas prices and colder weather are boosting demand for diesel and gasoil. Traders are becoming more bullish on diesel […]
Motorhome and RV sales in several states will halt thanks to another California climate rule that requires zero emissions vehicles over 8,500 pounds. Diesel motorhome sales are set to be halted in several states at […]
Daily Standup Top Stories South Dakota clashes with Minnesota on clean energy, coal plant closures July 8, 2024 Mariel Alumit SIOUX FALLS, S.D. – A political border war between South Dakota and Minnesota on how to […]
U.S. gasoline and diesel prices are set for a more volatile summer this year as an expected busier-than-usual hurricane season and extremely high temperatures could weigh on refinery production, analysts have told Reuters. A higher number […]
Tepid demand for diesel and other distillate products such as heating oil has had traders competing for storage tanks on the U.S. East Coast to wait out the current market weakness, Reuters reported on Tuesday, quoting data […]
Daily Standup Top Stories China’s state planner warns intensified EV price war on oversupply April 22, 2024 Mariel Alumit SHANGHAI, April 22 (Reuters) – China’s state planner expects an intensified price war among automakers of electric […]
Back in September last year, Bloomberg reported that refineries around the world were struggling to keep up with demand for diesel fuel. That imbalance led to soaring diesel prices, with the fuel gaining 60% in Europe and […]
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 […]
The U.S. Energy Information Administration (EIA) raised its U.S. diesel price forecasts for both 2024 and 2025 in its latest short term energy outlook (STEO), which was released recently. According to its March STEO, the […]
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