Strengthening Our Downstream Footprint in South Africa
Strengthening Our Downstream Footprint in South Africa Drakensberg Energy is pleased to confirm that we have secured dedicated inland storage capacity for Ultra Low Sulphur Diesel (ULSD) in South Africa. This development enhances our ability…
Ramadan Greetings to Our Partners
As the blessed month of Ramadan begins, we extend our sincere wishes to our partners, clients and friends observing this sacred time. May this month bring peace, reflection, strength and prosperity to you, your families…
ULSD Market Snapshot – 10-24 Oct 2025 – Winter-grade transition, tight export flows & elevated margins
ULSD Market Snapshot – 10-24 Oct 2025 – Winter-grade transition, tight export flows & elevated margins Key Metrics The prompt contract for ULSD 10ppm CIF NWE Cargoes (Platts) remains supported, with futures quotes around USD…
Company and Market Update — 23 September 2025
Drakensberg Energy extends warm wishes to our Jewish clients, partners, and colleagues this Rosh Hashanah. As you welcome the New Year, may it be a time of renewal, reflection, and joy for you and your…
Diesel markets remain tight, and ULSD prices are holding firm across key hubs.
Diesel markets remain tight, and ULSD prices are holding firm across key hubs. In the U.S. Gulf Coast, spot prices have climbed to around $2.27/gal, up from $2.23 the previous session and nearly 13% higher…
ULSD Market Update – September & October 2025
ULSD Market Update – September & October 2025 The ULSD market is entering a period of mixed signals. Key drivers: Crude Oil: Brent easing from about USD 68 to USD 59/barrel by Q4, lowering input…
ULSD Market Snapshot – 2 September 2025
ULSD Market Snapshot – 2 September 2025 Northwest Europe (CIF ARA): ULSD 10ppm was assessed at $714.50/mt, up $18.75/mt day-on-day. FOB NWE cargoes closed at $705.75/mt, reflecting sustained strength in European middle distillates. Mediterranean (CIF…
Company and Market Update — 19 August 2025
President Trump has convened a packed diplomatic meeting at the White House hosting Ukrainian President Zelensky alongside European leaders to push for peace in Ukraine. The talks focused on security guarantees without NATO membership and…
Trump-Putin Standoff Sparks Oil Market Jitters (Week of 29 July – 3 August 2025)
Trump-Putin Standoff Sparks Oil Market Jitters (Week of 29 July – 3 August 2025) Oil markets are on edge as President Donald Trump’s threats to sanction Russia unless it agrees to a ceasefire with Ukraine…
ULSD Market Snapshot: 28 July – 3 August 2025
ULSD Market Snapshot: 28 July – 3 August 2025 Northwest Europe (CIF ARA): Prices trended slightly lower, closing the week around $762/MT, down from the previous week’s $770/MT. The dip was driven by sluggish inland…
