Register and share your invite link to earn from video plays and referrals.

Kpler
@Kpler
Intelligence tools for trade
Joined December 2015
636 Following    40.1K Followers
PADD 2 diesel prices face pressure US Midwest diesel differentials are set to tighten as harvest demand rises while refinery maintenance constrains regional production. Kpler forecasts PADD 2 diesel deficits of 35 kbd in September and 188 kbd in October, leaving the region increasingly reliant on Gulf Coast supply. Competition for those barrels will be intense. PADD 3 exports are running near historic highs as Brazil, the Mediterranean and Northwest Europe seek US #diesel# amid constrained global supply. With waterborne export differentials already above inland markets, PADD 2 prices may need to strengthen considerably to attract barrels north and cover the seasonal short. Stay ahead of the market with #Kpler# Insight:
Show more