Featured content
-
2023 – a year of oil market dislocation?
Uncertainty for the oil market is expected to continue into the new year. A key concern is diesel — even after 10 months of self-sanctioning, Europe continues to import 600,000 b/d of Russian diesel. Where will Europe source its diesel and where will Russian supply be redirected to? -
Blog post: Europe is looking at a diesel supply crisis — unless demand goes first
The EU sanctions on track to ban Russian oil from this winter onward will impact diesel more than anything else. Prices are likely to go so high that demand for the fuel gets squashed. That is, if the recession has not already destroyed that demand. -
FAQ: Argus pricing solutions for non-Russian diesel cargoes coming into Europe
The European diesel market is going through one of the largest changes seen in recent years, with market participants seeking to avoid and diversify away from Russian-origin oil. -
Viewpoint: Europe diesel supply set to outshrink demand
Europe enters 2023 with demand for diesel waning as high energy prices and rampant inflation take their toll on the region's economic growth prospects. But the drop in consumption is likely to be outpaced by constraints on supply as Russian imports dry up, supporting European diesel margins in the first quarter of the year. -
Viewpoint: Product tankers to get European diesel boost
EU sanctions on Russian oil products will create unprecedented market dynamics in 2023, which could boost European clean tanker rates.
