Diesel tightness dominates as jet softens into shoulder season
Russian supply risk and low USGC stocks keep diesel spreads bid, while rising Asian supply and falling shoulder-season demand weigh on jet.
02 SEP 26 - 09:26
Abhishek Kumar (18)
Senior Oil Market Analyst, Sparta CommoditiesAbhishek is a Senior Oil Market Analyst at Sparta Commodities, based in Dubai, with a background spanning trading and analytics. Before joining Sparta, he held roles at Litasco, LSEG, and Reliance, where he focused on oil market analysis, spec trading, and broader oil market dynamics.
Distillate risk premium unwinds as Hormuz diplomacy advances
Bullish everything, will SPR release be enough before Autumn turnarounds? Global regrades should weaken further.
06 AUG 26 - 08:39
Diesel risk premium recedes, time spreads may cool further as supply relief builds
Trade update: Sep HOGO hit the 25.5 cpg area before rebounding to around 28 cpg. That puts it back...
04 AUG 26 - 12:39
Europe’s diesel tightness isn’t over: HOGO takes a breather, eyes turn to Russian export...
Trade Update: Short Sep HOGO has played out well, with Sep HOGO hitting a low of 25.5 cpg today....
30 JUL 26 - 11:47
HOGO: Yanbu and Sikka shut as TC14 hinders USGC relief
Trade update: The spread has compressed around 4.2 cpg w-o-w. My bias remains toward further...
23 JUL 26 - 10:25
HOGO: Sep still looks rich as Europe’s relief routes stay shut
Trade idea: Short September HOGO around 34.5 cpg, targeting 30 cpg initially and 27 to 29 cpg on...
15 JUL 26 - 14:05
Russia bans diesel exports to ensure domestic supply after targeted Ukrainian drone strikes
“The Russian diesel export ban has landed at almost the worst possible time. The Iran war had...
08 JUL 26 - 12:45
