Whilst at record global diesel strength levels, we remain bullish, but the HOGO and GO e/w still nee...
Bullish everything, will SPR release be enough before Autumn turnarounds? Global regrades should weaken further.
30 JUL 26 - 09:32
James Noel-Beswick (54)
Head of Commodities, Sparta CommoditiesJames is Head of Commodities at Sparta, leading the distillates vertical and covering the full oil barrel. He held analyst roles at BP and Shell before joining Sparta, and his market commentary is regularly cited by Reuters, Bloomberg, Financial Times, New York Times, the Wall Street Journal, and BBC News.
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India’s Reliance ramps up diesel exports to Europe, Brazil in July, sources say
“Out-bid an East that is still paying up for the same cargoes.” — James Noel-Beswick, Head of...
30 JUL 26 - 08:56
ICE GO spreads shatter records above $85/mt as escalation bites; Rhine adds a wildcard to the bull c...
ICE GO spreads shatter records above $85/mt as escalation bites; Rhine adds a wildcard to the bull...
29 JUL 26 - 12:18
Jet arbs swing open as regrades fall; NWE CIF diff up over $20/mt, but the cap is now in sight
Last call status: correct. Last week’s commentary and Thursday’s podcast argued the Singapore...
28 JUL 26 - 07:47
Diesel unlikely to build enough before September’s global turnaounds, jet regrade looks relatively...
Low diesel stocks, closed arbs and approaching turnarounds/winter, all told, pretty bullish.
22 JUL 26 - 11:16
Diesel complex holds 10-year highs as US export capacity questions mount; Q1 2027 cracks the clear t...
August ICE GO cracks have risen over the last week while Aug/Sep spreads have held flat, yet both...
22 JUL 26 - 08:12
It’s hard to not be bullish on everything on the back of AG escalation and Russia, apart from the ...
A bullish tone to global distillates due to AG escalation and Russian refining issues.
16 JUL 26 - 12:28
