ULSD Market – Post‑OPEC+ | 7–11 July 2025
ULSD Market – Post‑OPEC+ | 7–11 July 2025 What was evident this past week is when OPEC+ speaks, diesel markets listen. After the July 5 OPEC+ meeting, which confirmed a hefty 548,000 bpd production increase for…
ULSD Market Insight | July 1–4, 2025
ULSD Market Insight | July 1–4, 2025 Diesel steadies while oil markets eye OPEC+ and macro headwinds As the second half of 2025 kicks off, the ultra-low sulphur diesel (ULSD) market finds itself in a…
Last weeks ULSD Market Snapshot:
Last weeks ULSD Market Snapshot: Strongest surge since February ULSD futures jumped roughly 8% on June 13, marking the steepest single-day gain since February. Escalating tensions between Israel and Iran, which raised fears of disruptions in Middle…
Weekly OPEC & OPEC+ Market Round-Up — Drakensberg Energy
Weekly OPEC & OPEC+ Market Round-Up — Drakensberg Energy 1. OPEC+ Production Increases At their virtual meeting on May 31, OPEC+ decided to increase output by 411,000 barrels per day (bpd) for July—the fourth consecutive monthly…
ULSD Market Snapshot – June 5, 2025
ULSD Market Snapshot – June 5, 2025 Northwest Europe (NWE) • CIF Price: $721.96/MT • FOB Price: $7.05/MT • Market Note: Platts has discontinued its ULSD 10 ppm CIF NWE (all origin) assessment as of…
Company and Market Update — 05 June 2025
On behalf of all of us at Drakensberg Energy, we extend our heartfelt wishes to you and your families as you celebrate Eid al-Adha. May this sacred occasion bring peace, prosperity, and renewed faith into…
Spotting Fraudulent Diesel Sellers in Vessel Trading:
Spotting Fraudulent Diesel Sellers in Vessel Trading: Wholesale diesel trading faces circa. $5B+ in annual fraud losses. Protect your business by recognizing these red flags and implementing rigorous due diligence: Critical Warning Signs – “FOB…
OPEC+ Nations Pledge Steady Oil Supply Amid Market Strength
OPEC+ Nations Pledge Steady Oil Supply Amid Market Strength In a virtual meeting on May 3, 2025, eight key OPEC+ members—Saudi Arabia, Russia, Iraq, UAE, Kuwait, Kazakhstan, Algeria, and Oman—reaffirmed their commitment to stabilizing global…
OPEC+ Shocks Markets with Major Supply Increase, Driving Oil Prices Down
OPEC+ Shocks Markets with Major Supply Increase, Driving Oil Prices Down In a surprising turn of events, the OPEC+ alliance, traditionally a supporter of high oil prices, announced a significant increase in oil supply during…
Shell Strengthens LNG Leadership with Pavilion Energy Acquisition
Shell Strengthens LNG Leadership with Pavilion Energy Acquisition On April 1, 2025, Shell Eastern Trading Pte. Ltd., a subsidiary of Shell plc, finalized its acquisition of 100% of Pavilion Energy Pte. Ltd., enhancing its leadership…
