Global DistillatesTags: cargo, distillates, Europe, Middle Distillate, US
As some regions increased their market share in Northwest Europe last year, others faded away. The flow of middle distillates from the United States declined 18% from 154,000 bpd in 2018 to 127,000 bpd in 2019.
The result of a market awash in cargoes of middle distillate last year was the emergence of abnormal trade lanes, some of the most interesting of which ended in Northwest Europe
About The Author
Josh is an Senior Energy Analyst at ClipperData. He is primarily responsible for analyzing data and trends in the global marine fuel marketplaces. He is also a contributor to ClipperData’s monthly Fuel Oil & Feedstock Trader publication. Josh holds a Master’s degree in Public Policy from American University, where he specialized in Energy and Environmental policy. He also spent time researching international energy markets during his time studying at the Hertie School of Governance in Berlin. Josh holds a Bachelors in Political Science from American University.