Markets

Diesel in Doldrums on Peaking Demand Concerns

Copyright © 2023 Energy Intelligence Group All rights reserved. Unauthorized access or electronic forwarding, even for internal use, is prohibited.
ss1836802135-oil-products-diesel
MelnikovSergei/Shutterstock

Demand destruction is taking a toll on European ultra-low-sulfur diesel (ULSD) values, even as the market struggles to arrange the replacement of Russian term volumes ahead of the sanctions rollout later this year.

Topics:
Diesel/Gasoil, Oil Spot Markets, Crude Oil
Wanda Ad #2 (article footer)
#
Novatek’s plans to build the new Murmansk LNG plant reflect Moscow’s sanctions-driven shifts in its gas export strategy.
Wed, May 31, 2023
Opec-plus' complex agreement aims to regain control of a market that has been driven recently by sentiment more than fundamentals.
Mon, Jun 5, 2023
With the US debt ceiling talks out of the way and crisis averted, oil markets can now return the focus to supply and demand fundamentals.
Fri, Jun 2, 2023