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Shifting flows: US diesel displaces Middle Eastern supply to Europe
Manage episode 431826816 series 3021343
In July, US diesel exports to Europe surged to multi-year highs, displacing Middle Eastern flows due to inverted arbitrage economics and a bearish near-term outlook for the commodity in Europe.
In this episode of the Platts Oil Markets Podcast, host Joel Hanley is joined by Robert Perkins, Nadia Bliznikova, and Rebeka Foley to explore the latest developments in diesel flows, crack spreads, and the macroeconomic environment influencing supply and demand balances in the Atlantic basin.
Links: Cairo Energy Forum ULSD 10ppmS CIF NWE Cargo - AAVBG00 ULSD 10ppmS CIF Med Cargo - AAWYZ00 US diesel exports to Europe hit record high despite lackluster demand Middle East diesel exports to Europe hit 9-month low in July amid higher US supplies (subscriber content)
429 episódios
Manage episode 431826816 series 3021343
In July, US diesel exports to Europe surged to multi-year highs, displacing Middle Eastern flows due to inverted arbitrage economics and a bearish near-term outlook for the commodity in Europe.
In this episode of the Platts Oil Markets Podcast, host Joel Hanley is joined by Robert Perkins, Nadia Bliznikova, and Rebeka Foley to explore the latest developments in diesel flows, crack spreads, and the macroeconomic environment influencing supply and demand balances in the Atlantic basin.
Links: Cairo Energy Forum ULSD 10ppmS CIF NWE Cargo - AAVBG00 ULSD 10ppmS CIF Med Cargo - AAWYZ00 US diesel exports to Europe hit record high despite lackluster demand Middle East diesel exports to Europe hit 9-month low in July amid higher US supplies (subscriber content)
429 episódios
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