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The Latam Corona vs. Economy Dilemma
Coronavirus was a distant concern for us in Latin America back in February. Higher infection rates in colder weather made the idea of COVID-19 even harder to grasp as a threat. Life continued as normal, and the pandemic felt a world away. To our chagrin, we learned that cold Cuba Libres at the beach would […]
Tags: Argentina, brazil, coronavirus, covid-19, crude, diesel, Ecuador, gasoline, mexico, middle distillates, Venezuela -
Waiting on an IMO Diesel Spike
One of the widely-held expectations concerning the International Maritime Organization’s (IMO) 2020 sulfur cap on marine fuels was that the price of gasoil/diesel would spike in the opening months of 2020, as demand for gasoil in the bunker market would strain existing supplies and push prices higher. Six weeks into the new regulatory regime and […]
Tags: diesel, IMO, IMO 2020, Middle Distillate -
Global Middle Distillate: The French Rejection
A duo of French regulations on the use of diesel vehicles – one long-term and one short-term – are threatening diesel demand across France.
Tags: diesel, France, Middle Distillate