Argus Media

Fuels Focus: Your Weekly Insight into the US Refined Products Market | Week in Review for 21 April

Stay informed with Fuels Focus, the essential podcast from Argus that delivers timely analysis and key highlights from the US refined products marketplace. Each week, our experts break down the most significant developments affecting gasoline, diesel, jet fuel, RINs and ethanol prices – equipping you with the knowledge to navigate the market complexities with confidence.

This week in review’s episode features:

• US retail diesel prices hit 16-week low
• Kinder Morgan pays California terminal fines
• Valero in talks to close Benicia refinery

Tune in every Monday for your weekly recap of the stories shaping the road fuels market.

As a trusted source in the industry, Argus delivers accurate, timely pricing for gasoline, diesel, jet fuel, RINs, ethanol, and more. Our data equips buyers, sellers, and refiners with the precision necessary to operate confidently in the dynamic market.

Discover our services and see how we can help your business thrive in the ever-changing market landscape:

Explore our services

 

Metal Movers: Impact of British Steel under UK governance

The UK government has this month taken emergency control of British Steel to prevent the closure of its blast furnaces. Elif Eyuboglu, steel market reporter at Argus Media, spoke to Colin Richardson, steel lead at Argus Media, about these developments and their potential impact on the steel industry, as well as updates on safeguard quotas.

• What are the immediate and long-term implications of the UK government's decision to take control of British Steel? How might this move affect the broader steel industry in the UK?
• What is the status of import quotas in the UK, and what are their implications for the steel market?
• The European Commission has made several amendments to the steel safeguard quotas this quarter, including new caps for cold-rolled coil and hot-dipped galvanized products. The new quotas entered into effect 1 April: how have they affected the market so far? 

Weight of Freight: The Red Sea and Suez Canal - Full Utilisation and Its Impact

Listen to this episode as our Crude Oil Reporter, Rhys van Dinther, puts forward some important questions to Delia He, Freight Analyst at Vortexa, following developments in the Suez Canal. Specifically, in relation to the re-opening of the canal and re-transiting of vessels through the Bab-el-Mandeb strait;

• If the full use of the Suez Canal returns, what does the timeframe look like for ship owners?

• If a return is expected in the near term, which vessel sizes are expected to be affected the most?

• What impact could the reopening of the Red Sea have on freight rates in the long term?

• And much more

Driving Discussions: Is Europe's gasoline abundance a problem?

The last few months have seen a massive pile-up of gasoline supply accumulating in Northwest Europe. Listen to our oil market experts, Atishya Nayak (Report) and Benedict George (Editor), as they discuss why this has occurred and what might happen to all this gasoline currently sitting in tanks in the Amsterdam-Rotterdam-Antwerp (ARA) region.

Listen now for insights on:

• Impact the Dangote refinery has had on the European gasoline market's surplus supply

• Extent to which the loss of the West African market as an offloading destination for gasoline has had

• Implications of the higher sulphur product discouraging blenders and refiners from reprocessing the product

• Outlook for transatlantic oil trade due to tariffs uncertainty for Canadian and Mexican oil

• Other destinations where European gasoline supplies could head to

• And much more

Chemical Conversations: US Ethylene Producers Are Prioritizing Ethylene Based Derivative Exports Over Exporting Just Ethylene

Craig Barry, Lead Ethylene and Derivatives Consultant and Amanda Richardson, Global Olefins Analytics Manager for Argus Media will discuss the current trends of US ethylene and ethylene based derivative exports  

• Unlike ethylene which requires special ships and storage, ethylene derivatives can be shipped to many destinations throughout the world at a significantly lower cost.   

• In 2023, the US exported ethylene derivatives to over 100 countries, compared to only a handful of countries importing ethylene from the US. 

• New large gas carriers will reduce the freight cost to export ethylene, but the capital cost for export and import infrastructure will remain high.  

• Argus is forecasting the US will add 2 million ton of new ethylene derivative capacity by 2028. 

 

This podcast is the final episode of a three-part series addressing key market dynamics, the challenges faced by the petrochemical industry, and the future of sustainable practices and investments in the sector.   

You can listen to episode one ‘Strengths and weaknesses of Europe’s ARG ethylene pipeline’ and episode two ‘Energy and commodity podcasts Infrastructure & Shipping Dynamics of Supplying Ethylene from US to Europe’.  

Further details and additional insights are available from Argus' Light Olefins services including: 

• Argus Propylene  

• Argus Olefins Margins  

• Argus Propylene Analytics 

Fuels Focus: Your Weekly Insight into the US Refined Products Market | Week in Review for 7 April

Stay informed with Fuels Focus, the essential podcast from Argus that delivers timely analysis and key highlights from the US refined products marketplace. Each week, our experts break down the most significant developments affecting gasoline, diesel, jet fuel, RINs and ethanol prices – equipping you with the knowledge to navigate the market complexities with confidence.

This week in review’s episode features:

• EIA lowers summer gasoline price forecast
• Phillips 66 calls for resistance to activist fund
• Delta Airlines pulls full-year forecast

Tune in every Monday for your weekly recap of the stories shaping the road fuels market.

RINs, ethanol, and more. Our data equips buyers, sellers, and refiners with the precision necessary to operate confidently in the dynamic market.

As a trusted source in the industry, Argus delivers accurate, timely pricing for gasoline, diesel, jet fuel,

Discover our services and see how we can help your business thrive in the ever-changing market landscape:

Explore our services

 

Fertilizer Matters Ep 29: Caprolactam, Ammonia and Ammonium Sulphate

Asphalt: Overcoming roadblocks

Join us as our asphalt/bitumen market experts - Keyvan Hedvat (Europe & Africa Editor), Oliver Thompson (Analyst - Consulting) and Irina Vinogradova (Senior Manager - Consulting) - give a valuable overview of the European and African bitumen markets, including:

• View of recent key market developments, including the start of the season, sanctions, maintenance, etc

• Impact the termination of waivers on Venezuelan crude will have on bitumen producing refineries

• Mid-term forecast with expected developments over the next few years

• Outlook for Africa up to the rest of the year

Global LPG Conversations: Interview with Liquid Gas Europe – the future of renewable LPG in Europe and the upcoming LGE Congress in Poland

In this episode of Global LPG Conversations Argus’ David Appleton talks to Ewa Abramiuk – Lété, General Manager of Liquid Gas Europe about a landmark report the association has published on the potential growth and availability of renewable LPG and rDME in Europe as well as the upcoming European Congress in Katowice, Poland.

Falando de Mercado: O mercado de lubrificantes no Brasil e no mundo

A demanda global por lubrificantes para veículos e maquinário está prestes a aumentar com a temporada de férias de verão no Hemisfério Norte, ao mesmo tempo em que a oferta se retraiu com a manutenção de refinarias no exterior e um incêndio no Brasil. Entenda o que move esse mercado acompanhando a conversa entre Camila Fontana, chefe adjunta de redação da Argus no Brasil, e Julio Viana, especialista em óleos básicos da Argus para a América Latina e integrante da equipe responsável pelo relatório Argus Base Oils.