Diesel
Bangladesh secures diesel supplies amid major energy disruptions
The South Asian nation of 175 MM people, which relies on imports for roughly 95% of its energy needs, has imposed fuel rationing for vehicles, restrictions on diesel sales and closed universities as the war on Iran causes severe disruption to Middle East oil exports.
Taiwan's Formosa Petchem issues force majeure as Iran war disrupts feedstock delivery
For refined fuel products such as diesel, jet fuel and gasoline, the company is still proceeding with its export deliveries for March and April, although there is likely to be no spot availability for April.
U.S. fuel exports see slight uptick in 2025
Ships loaded with Reliance diesel, jet fuel turn to Asia instead of Europe
Asian buyers are rushing to secure fuel supplies to offset production losses from expected refinery run cuts as the near-halt in traffic in the Strait of Hormuz constrains oil supply to the region.
Russia's seaborne diesel exports drop 21% in February m/m
Ultra-low-sulfur diesel shipments from the Baltic port of Primorsk, Russia’s biggest outlet for diesel exports, fell last month to 1.563 million tons from a record 2.256 million tons in January, as severe frosts and ice in the Baltic Sea triggered ice-class tanker shortage.
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- PetroChina forecasts Chinese oil consumption will drop 4.9% this year 6/19
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- Russian gasoline output down 25% so far in June after drone attacks on refineries 6/19
