🔥The 9th Round of Easy Loan, Earn $40 Reward is in progress❗️ ⏰ Promotion Period: January 15th - Feburary 15th, 2025 👉 Register now and check more details at gate.io/campaigns/358

Solo un 10% de los españoles cree que en un futuro cercano adquirirá un nuevo vehículo y, en el caso de hacerlo, la opción eléctrica es marginal cincodias.elpais.com/economia/2025-…

🚨⛽️ IEA now expects global diesel demand to FALL both in 2025 and 2026 as tariff war weighs on economic growth. This year, diesel volumes are expected to fall by 150,000 b/d in Europe and by 90,000 b/d in the US, despite extra heating demand during a cold first quarter.

IEA - Global refinery capacity additions to exceed 1 mb/d in 2026, led by Asia: 🇨🇳 320 kb/d Panjin refinery 🇮🇳 180 kb/d Barmer refinery 🇮🇳 First phase of 200 kb/d Panipat expansion 🇮🇳 84 kb/d Koyali upgrade 🇮🇳 100 kb/d Balikpapan modernisation 🇧🇭 110 kb/d Sitra modernisation

Are we alone in the universe? Astronomers from @Cambridge_Astro may be a step closer to finding out. Using data from ESA Webb Telescope, they’ve detected possible signs of life on exoplanet K2-18b – but they remain cautious. Read more 👇 cam.ac.uk/stories/strong…

In this month’s STEO, the EIA slashed its 2025 forecasts for US diesel demand by over 100 kbpd. At this point, the cuts were concentrated in the remainder of 2025. Given how mercurial US trade policy has proven, the agencies are taking a gradualist approach, since no one wants

We are trying to model and forecast the impact of US trade policy on global diesel demand, and other grades. Of course, US policy has proven so mercurial, that for all oil analysts, this policy uncertainty is leading to extreme forecast uncertainty. For a Base Case, best to

BIOFUEL MARKETS: Renewable Diesel and SAF exports from Neste's Singapore plant shift away from the US and into Europe after a key US tax credit expired at 2024 end. "The US market remains important, but the removal of BTC has led Neste to reoptimize its Singapore shipments.

Spain releases 3 days of strategic diesel, gasoline and jet fuel reserves after yesterday's blackout, which caused all refineries to go offline.

US diesel demand fell to 3.55 mb/d in the week ended April 25, compared with 3.90 mb/d a week earlier. On the other hand, production data suggests refiners are maximizing jet fuel yields at the expense of diesel. The next 2-3 weeks will be very interesting.

All eyes are on today’s EIA oil report with data for the May 3-9 week. It could offer early insights into how the US–China tariff war is affecting diesel consumption — particularly on the West Coast.

TARIFF WAR IMPACT - US diesel demand plunged to just 3.41 mb/d on May 10-16. That is down from 3.88 mb/d one year ago and 4.20 mb/d two years ago. Domestic inventories built even despite strong exports (1.36 mb/d).

We're thrilled to be a media partner at the Petroleum Ukraine 2025 conference, where Jaime Llinares will be speaking about #Europe's evolving #oil product supply dynamics! Learn more and register: a95.ua/en/?event=9039 #Russia #MiddleEast #energy

I guess it's a good sign when they call you again next year to speak at a conference -- I do believe that we made some good calls. See you everyone in Warsaw on June 17!

ÚLTIMA HORA 🔴 | El precio de la vivienda se disparó un 12,2% en el primer trimestre, su mayor aumento en 18 años dozz.es/1nnss4 📈 La estadística acumula ya 44 trimestres de alzas interanuales consecutivas

Big news for the diesel market hidden there! Brussels is proposing to ban "the import of refined products based on Russian crude oil". This speaks directly to diesel imports from countries like Turkey and India. The embargo has to be approved by all member states.

Some consequences from the Israel-Iran war for oil product markets in Europe: - Freight rates for LR2s soaring (TC20 at 11-month high), making imports way more costly. - East/West price spreads are widening , incentivizing jet flows (and perhaps diesel?) from East Asia to Europe.