エキスパートへのお問い合わせ
これらの最新情報の配信はいつでも停止できます。お客様の個人情報は、当社のプライバシーポリシーに従い管理されます。
Generic Hero BannerGeneric Hero Banner
Latest market news

End of fuel tax cut curbs German products demand

  • : Oil products
  • 26/07/06

The expiry of Germany's temporary fuel tax reduction at the end of June sharply reduced nationwide demand in the week ending 3 July.

Most consumers and filling stations built stocks ahead of the return to regular tax rates on 1 July.

The government had lowered rates from early May by €14.04/100 l to ease the effects of the sharp price surge caused by US-Iran war.

Diesel and gasoline sales volumes reported to Argus fell steeply, after stockbuilding drove spot trade higher in the previous week.

Market participants are now drawing on inventories before stepping back into the spot market at July's higher price levels. National average prices for diesel and gasoline remain well above late-February pre-war levels, even after the tax cut ended.

By Johannes Guhlke

Related news posts

Argus illuminates the markets by putting a lens on the areas that matter most to you. The market news and commentary we publish reveals vital insights that enable you to make stronger, well-informed decisions. Explore a selection of news stories related to this one.

26/07/06

Australia's gasoil, jet stocks rise, EV sales increase

Australia's gasoil, jet stocks rise, EV sales increase

Sydney, 6 July (Argus) — Australia's gasoline stocks have dipped on the week to 30 July but gasoil and jet fuel levels have increased, as electric vehicle (EV) sales rose for the month of June, according to Australia's federal government. Australia's fuel importers held stocks of 22.2mn bl of gasoil, 11.1mn bl of gasoline and 5.9mn bl of jet fuel of stocks in-country and within Australia's exclusive economic zone on 30 June, Australia's energy minister Chris Bowen said on 4 July, or about 38 days of gasoil supply, 41 days of gasoline and 34 days of jet fuel. This is one more day's supply of gasoil than a week earlier, three days fewer of gasoline and five more days' worth of jet fuel over the same period. EV sales have soared during June, with 23.4pc of purchases battery EVs, according to the Federal Chamber of Automotive Industries (FCAI). This compares FCAI data showing just 8.3pc of new vehicle sales comprising battery EVs last year . China is now the leading source of Australia's total new vehicle sales with 35.5pc of sales, followed by Japan with 20.7pc and Thailand with 17.8pc. Australia's temporary cut to fuel excise and the heavy vehicle road user charge was rolled back by half but extended by a month , effective 1 July. The temporary discount both taxes has been lowered to 16A¢/litre, (11¢/litre) raising the effective excise rate to 36.6A¢/litre until 2 August. By Tom Major Send comments and request more information at feedback@argusmedia.com Copyright © 2026. Argus Media group . All rights reserved.

Republicans urge Trump to restore Jones Act

26/07/01
26/07/01

Republicans urge Trump to restore Jones Act

New York, 1 July (Argus) — Republican US House members, including speaker Mike Johnson (R-Louisiana), are urging President Donald Trump to not renew a waiver on domestic shipping requirements issued following the outbreak of the US-Iran war, according to a letter seen by Argus . "We write to respectfully request that the current Jones Act waiver be allowed to expire as scheduled on 16 August 2026 and encourage you to utilize alternative policy tools to address fuel and fertilizer costs while preserving the strength of the American maritime industry," 52 House Republicans said in the 30 June letter. The Merchant Marine Act of 1920, also known as the Jones Act, stipulates that shipments between US ports must be carried on vessels that are US-built, US-flagged and US-crewed. The current Jones Act waiver was first issued on 17 March on the basis of national security and was later extended by 90 days. It is unclear whether the Trump administration will decide to extend the waiver. "Foreign-flagged vessels have operated under the waiver even in circumstances where US-flagged vessels were available, creating an understandable concern about the effect on American jobs, manufacturing and investment," the Republican lawmakers said in the letter. "The Jones Act waiver has become a loophole exploited by adversarial countries to erode America's maritime dominance." The national security pretense of the waiver, and its potential negative effect on the US domestic shipping community at a time where the administration has made revitalizing shipbuilding a priority, has come under increased scrutiny from domestic maritime stakeholders. By Charlotte Bawol Send comments and request more information at feedback@argusmedia.com Copyright © 2026. Argus Media group . All rights reserved.

Trump seeks to rewrite USMCA terms by 2036

26/07/01
26/07/01

Trump seeks to rewrite USMCA terms by 2036

Washington, 1 July (Argus) — President Donald Trump's administration will attempt to substantially revise terms of the US-Mexico-Canada (USMCA) trade agreement in the next decade, triggering a protracted negotiation period that could end with the treaty expiring in 2036. The USMCA, negotiated during Trump's first term in 2018-20, set 1 July 2026 as a deadline for the three countries to agree on an extension, or to seek to revise its terms. The Trump administration has decided not to renew the deal in its current form, said Jamieson Greer, who heads the US trade representative's office (USTR), on Wednesday. That decision does not immediately terminate the USMCA. The three countries will now hold annual reviews to seek consensus on a long-term extension beyond 2036, but any country can withdraw from the pact with six months' notice. Greer's counterparts, Mexico's economy minister Marcelo Ebrard and Canada's trade minister Dominic LeBlanc, issued statements on Wednesday stressing that the agreement remains fully in force despite the US decision. Public comments submitted to the USTR and US congressional hearings earlier this year showed broad support from energy, agriculture and other sectors for renewing the trade deal without changes. But Trump has made it clear he was opposed to the renewal. "I'm not a big fan of" USMCA, he said last month. "We do better without an agreement." The USTR has cited rising US trade deficits with Mexico and Canadian countermeasures during last year's trade war the White House launched with its neighbors as reasons for the decision not to automatically renew the USMCA. Greer told US lawmakers previsously USTR will push to shore up US content requirements in products covered by the USMCA, especially in auto manufacturing. The agency will maintain its policy of exempting North American trade in energy, fertilizers and minerals from future tariffs. USTR officials also told lawmakers that the US administration may seeks separate agreements with Mexico and Canada instead of a three-way deal. Ottawa and Mexico City have shown little support for that approach. The USMCA provided a buffer against tariffs that Trump's administration leveled on Canadian and Mexican imports last year and is trying to recreate after the US Supreme Court in February struck down his ability to impose tariffs at will. Canada and Mexico still face higher steel and aluminum tariffs than before Trump returned to office, but the USMCA has exempted most trade between the three countries from tariffs. Trump's decision not to automatically renew the deal will weigh on investment and business decisions in the next decade, private sector executives have said. "Once we get past 1 July, the forecasts change and economic conditions will gradually worsen every month no resolution is reached," said Victor Herrera , chief economist at Mexico's finance executives' association IMEF. "Investment will not pick up until that renewal is final." The USTR will hold another round of trade talks with Mexico on 20 July to discuss possible changes, Greer said. Canada will focus USMCA review discussions with the US "on addressing sectoral tariffs on Canadian steel, aluminum, autos and lumber," LeBlanc said. By Haik Gugarats Send comments and request more information at feedback@argusmedia.com Copyright © 2026. Argus Media group . All rights reserved.

Enterprise co-CEO Teague to retire in January

26/07/01
26/07/01

Enterprise co-CEO Teague to retire in January

Houston, 1 July (Argus) — Enterprise Products Partners co-chief executive Jim Teague will retire on 4 January from the US midstream company he has helped lead for 28 years. Co-chief executive Randall Fowler will continue as chief executive after Teague's departure. Under Teague's leadership, Enterprise has expanded its pipeline operations and crude and LPG export facilities in Houston, Texas, as part of a larger strategy to capitalize on an integrated "wellhead to water" fee-based footprint. Enterprise became the first midstream company to provide wellhead to water natural gas liquids (NGL) services in 2009, facilitating higher US production that has contributed to the renaissance of the US petrochemical industry while providing affordable US ethane and propane supplies to international markets, said Randa Duncan, non-executive chairman of Enterprise Products Holdings, the company's general partner. Teague joined Enterprise in 1999 after 22 years with Dow Chemical. He was promoted from Enterprise's chief operating officer to chief executive in 2016, and was joined by Fowler as co-chief executive in 2020. Following Teague's departure, Enterprise's general partner will expand the role of the management oversight group that serves as a liaison between its general partner and the company's management. That committee includes Duncan, the general partner's vice chairman Richard Bachmann, Fowler, commercial officer Michael Hanley, and chief financial officer R. Daniel Boss. Under Teague's leadership Enterprise and other midstream operators advocated for the expansion of the Houston Ship Channel, a project that is currently underway . Enterprise's moves follow leadership changes at rival midstream operator Energy Transfer announced in June, with its co-chief executive Marshall McCrea set to depart by the end of the year . By Amy Strahan Send comments and request more information at feedback@argusmedia.com Copyright © 2026. Argus Media group . All rights reserved.

Agrardieselrückvergütung gilt auch für HVO

26/07/01
26/07/01

Agrardieselrückvergütung gilt auch für HVO

Hamburg, 1 July (Argus) — Land- und forstwirtschaftliche Betriebe können die Agrardieselrückvergütung für HVO in Anspruch nehmen, so wie für andere Dieselkraftstoffe auch — entscheidend ist dabei jedoch nicht die Norm, sondern die steuerliche Deklaration bei Inverkehrbringung. Grundsätzlich kann HVO unter die Agrardieselrückvergütung fallen, wenn es als Dieselkraftstoffäquivalent eingeordnet und entsprechend mit dem regulären Energiesteuersatz für Diesel von 47,04 €/100 l versteuert wird, so der Zoll. Die Norm für die Rückvergütung ist dabei nicht maßgeblich — während fossiler Diesel nach DIN EN 590 spezifiziert ist, gilt für paraffinische Kraftstoffe wie HVO100 die Norm DIN EN 15940. Einzelne Marktteilnehmer haben gegenüber Argus Unsicherheit bezüglich der steuerlichen Einordnung und der daraus resultierenden Förderfähigkeit von HVO100 geäußert. In der Praxis bedeutet dies, dass insbesondere HVO100 förderfähig sein kann. Biogene Produkte, welche allerdings nicht als Dieselkraftstoff klassifiziert sind, sind hingegen von der Rückvergütung ausgeschlossen. Dies betrifft auch HVO, wenn es als Heizöläquivalent genutzt wird. Die Agrardieselrückvergütung selbst ermöglicht land- und forstwirtschaftlichen Betrieben, sich einen Teil der Energiesteuer auf eingesetzten Dieselkraftstoff erstatten zu lassen. Der Entlastungssatz liegt derzeit bei rund 21,48 €/100l. Voraussetzung ist der nachweisliche Einsatz des Kraftstoffs in begünstigten Maschinen und Fahrzeugen sowie eine entsprechende Antragstellung. Von Marcel Pott Senden Sie Kommentare und fordern Sie weitere Informationen an feedback@argusmedia.com Copyright © 2026. Argus Media group . Alle Rechte vorbehalten.

Argus Brazil Motor Fuels Forward Curves

Argus Brazil Motor Fuels Forward Curves

A daily forward curves service providing 24-month price visibility across Brazil’s biofuels, gasoline, diesel and feedstock markets to support hedging, procurement and strategic planning.

Argus Crude Outlook

Argus Crude Outlook

Monthly price forecasts for key crude grades and regional benchmarks up to 36 months out

Argus Americas Asphalt

Get a dynamic perspective on North and Latin American markets with spot prices, news and market intelligence.

Argus Refined Products Outlook

A comprehensive, 24‑month price forecast for refined oil product markets, delivered in a single, integrated solution.

Argus Specialised Freight

Data, insights and unique tools to help manage freight risk in biofuels, renewable feedstocks and chemicals markets
Generic Hero Banner

Business intelligence reports

Get concise, trustworthy and unbiased analysis of the latest trends and developments in oil and energy markets. These reports are specially created for decision makers who don’t have time to track markets day-by-day, minute-by-minute.

Learn more