Well-stocked US fuel markets shrug off January’s arctic blast

31 January 2024 Time to read:  minutes

“For Europe, it has been a big relief – we need those supplies,” said James Noel-Beswick, a distillates analyst at market research firm Sparta.

Reuters, January 31, 2024 – James Noel-Beswick, a distillates analyst at Sparta, stated that the availability of U.S. diesel has been a significant relief for Europe, especially amidst growing uncertainties in importing products from Asia and the Middle East due to Red Sea shipping disruptions.

 

Book a demo to see how Sparta enables you to trade with conviction

general-cta-graphic
general-cta-graphic