{"id":517,"date":"2022-10-18T16:39:25","date_gmt":"2022-10-18T19:39:25","guid":{"rendered":"https:\/\/noticias-gerais.online\/?p=517"},"modified":"2023-02-21T23:33:14","modified_gmt":"2023-02-22T02:33:14","slug":"diesel-atinge-o-modo-de-caos-em-novo-golpe-para-o-sistema-economico-global","status":"publish","type":"post","link":"https:\/\/noticias-gerais.online\/en\/diesel-atinge-o-modo-de-caos-em-novo-golpe-para-o-sistema-economico-global\/","title":{"rendered":"Diesel hits chaos mode in new blow to global economic system"},"content":{"rendered":"

The global diesel market is once again showing signs of chaos, undermining the international economic climate with a new wave of inflationary pressure.<\/span><\/p>\n

Most Bloomberg studies<\/span><\/p>\n

Fueling trucks, trains, and ships that drive trade, gas is generating huge purchase premiums in Europe. Plagued by worker strikes over wages at French oil refineries that lasted more than three weeks, the continent is struggling to prepare for a ban on imports from Russia, a major supplier, which is three and a half months away. The US has the lowest seasonal inventories in the statistics that began in 1982, going into ice.<\/span><\/p>\n

Chaos is the final element Europe needs, along with excessively high energy rates, but there may be something worse to come. Biden administration officials have pressured gasoline producers to reduce exports from distant locations and penalized them for low diesel inventories.<\/span><\/p>\n

\u201cIt\u2019s extraordinarily tight, end-user stocks are extraordinarily low,\u201d noted Gary Ross, a veteran oil consultant turned hedge fund manager at Black Gold Investors LLC. \u201cI don\u2019t know where the replenishment is coming from. Diesel is the industrial fuel of the area, so it\u2019s not going to help an already weakened economic environment any further.\u201d<\/span><\/p>\n

Massive prizes<\/span><\/p>\n

At one point this week, traders were paying premiums of up to US$160 per tonne \u2013 more than US$20 per barrel \u2013 to secure a physical cargo of street gas in Europe. This is an indication of tight inventories. It compares to US$24 per tonne a month earlier.<\/span><\/p>\n

In the Big Apple, the current market is so tight that premiums have also risen there. The market has been in a bullish pullback buying and selling pattern since the end of August. Structure skill retailers are losing money when they cling to resources.<\/span><\/p>\n

The story continues<\/span><\/p>\n

The market regularly enters contango \u2013 the opposite of a pullback, where future rates are better \u2013 in the middle of the 12 months, encouraging suppliers to build up inventories in the summer ahead of the harvest and warming season.<\/span><\/p>\n

Diesel is the engine of the international financial system. It is used for transportation, heating, and industrial strategies, meaning that an increase in expenses can raise everything from the cost of heating a house to the cost of manufactured goods.<\/span><\/p>\n

\u201cAt a macroeconomic level, higher oil consumption increases inflation and reduces financial gains,\u201d said Mark Williams, director of short-term oil analysis at WoodMackenzie Ltd., regarding manufacturing, transportation, and heating costs. As diesel expenses rise, so do the costs of goods, which are typically passed on to customers.\u201d<\/span><\/p>\n

Alarming<\/span><\/p>\n

The state of the market could also sound the alarm in Berlin, Paris \u2013 and even Moscow. Just last month, Europe received two-fifths of its diesel imports from Russia. In turn, Russia continues to send about eighty percent of its gas shipments to Europe.<\/span><\/p>\n

With a shortage of specialized ice tankers that can export from Russian Baltic Sea ports in winter, there is also a question about how comfortably the oil trade chain can transport these materials to selected markets.<\/span><\/p>\n

The market has been in a variety of chaotic states since the invasion of Ukraine triggered uncertainty about what would happen to diesel flows. But with the EU ban \u2013 a punishment for Vladimir Putin's conflict \u2013 looming ever closer, strikes in France were not what the market needed.<\/span><\/p>\n

The industrial action, which began in late September, became so dangerous that the French government called in superhuman laborers to obtain gas. Nearly a third of the country's gas stations were facing shortages at one point this week.<\/span><\/p>\n

There were signs of a reduction in activity on Friday as part of the scaled-down strike action. Workers at Exxon Mobil Corp.'s French factories halted the strike, but the TotalEnergies SE refinery in Normandy was blocked.<\/span><\/p>\n

The recovery cannot be quick enough to be suitable for consumers.<\/span><\/p>\n

\u201cDiesel is already terribly tight,\u201d pointed out Helge Andre Martinsen, senior oil analyst at DNB ASA bank. \u201cWe could simply end up with a tighter winter weather.\u201d<\/span><\/p>","protected":false},"excerpt":{"rendered":"

o mercado mundial de diesel est\u00e1 mais uma vez dando sinais de caos, minando o clima econ\u00f4mico internacional com uma nova onda de for\u00e7a inflacion\u00e1ria. A maioria dos estudos da Bloomberg Alimentando caminh\u00f5es, trens e navios que pressionam o com\u00e9rcio, o g\u00e1s est\u00e1 gerando enormes pr\u00eamios de compra na Europa.\u00a0Assolado por greves de funcion\u00e1rios sobre […]<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[14],"tags":[],"class_list":["post-517","post","type-post","status-publish","format-standard","category-economia"],"_links":{"self":[{"href":"https:\/\/noticias-gerais.online\/en\/wp-json\/wp\/v2\/posts\/517","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noticias-gerais.online\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noticias-gerais.online\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noticias-gerais.online\/en\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/noticias-gerais.online\/en\/wp-json\/wp\/v2\/comments?post=517"}],"version-history":[{"count":0,"href":"https:\/\/noticias-gerais.online\/en\/wp-json\/wp\/v2\/posts\/517\/revisions"}],"wp:attachment":[{"href":"https:\/\/noticias-gerais.online\/en\/wp-json\/wp\/v2\/media?parent=517"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noticias-gerais.online\/en\/wp-json\/wp\/v2\/categories?post=517"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noticias-gerais.online\/en\/wp-json\/wp\/v2\/tags?post=517"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}