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href="/en/commodities/biofuels-and-feedstocks">Biofuels and feedstocks</a></li><li class="MainNavigation_tertiaryItem__JMSfK qa-nav-3rd-items"><a title="" target="" class="cta MainNavigation_tertiaryLink__nq_tc" href="/en/commodities/ammonia">Ammonia</a></li><li class="MainNavigation_tertiaryItem__JMSfK qa-nav-3rd-items"><a title="" target="" class="cta MainNavigation_tertiaryLink__nq_tc" href="/en/commodities/hydrogen">Hydrogen</a></li><li class="MainNavigation_tertiaryItem__JMSfK qa-nav-3rd-items"><a title="" target="" class="cta MainNavigation_tertiaryLink__nq_tc" href="/en/commodities/battery-materials">Battery materials</a></li><li class="MainNavigation_tertiaryItem__JMSfK qa-nav-3rd-items"><a title="" target="" class="cta MainNavigation_tertiaryLink__nq_tc" href="/en/solutions/products/argus-biomass-markets">Biomass</a></li><li class="MainNavigation_tertiaryItem__JMSfK qa-nav-3rd-items"><a title="" target="" class="cta MainNavigation_tertiaryLink__nq_tc" href="/en/commodities/electric-power">Electric power</a></li></ul></li><li class="MainNavigation_secondaryItem__b3LkS qa-nav-2nd-items "><button class="cta MainNavigation_secondaryLink__dWmVz">Chemicals</button><ul class="MainNavigation_tertiaryList__5v6Ig qa-nav-3rd"><li class="MainNavigation_tertiaryItem__JMSfK qa-nav-3rd-items"><a title="" target="" class="cta MainNavigation_tertiaryLink__nq_tc" href="/en/commodities/chemicals">Chemicals overview</a></li><li class="MainNavigation_tertiaryItem__JMSfK qa-nav-3rd-items"><a title="" target="" class="cta MainNavigation_tertiaryLink__nq_tc" href="/en/commodities/methanol">Methanol</a></li><li class="MainNavigation_tertiaryItem__JMSfK qa-nav-3rd-items"><a title="" target="" class="cta MainNavigation_tertiaryLink__nq_tc" href="/en/commodities/polymers">Polymers</a></li><li class="MainNavigation_tertiaryItem__JMSfK qa-nav-3rd-items"><a title="" target="" class="cta MainNavigation_tertiaryLink__nq_tc" href="/en/commodities/light-olefins">Light olefins</a></li><li class="MainNavigation_tertiaryItem__JMSfK qa-nav-3rd-items"><a title="" target="" class="cta MainNavigation_tertiaryLink__nq_tc" href="/en/commodities/heavy-olefins">Heavy olefins</a></li><li class="MainNavigation_tertiaryItem__JMSfK qa-nav-3rd-items"><a title="" target="" class="cta MainNavigation_tertiaryLink__nq_tc" href="/en/commodities/aromatics">Aromatics</a></li><li class="MainNavigation_tertiaryItem__JMSfK qa-nav-3rd-items"><a title="" target="" class="cta MainNavigation_tertiaryLink__nq_tc" href="/en/commodities/octane-blending">Octane blending</a></li><li class="MainNavigation_tertiaryItem__JMSfK qa-nav-3rd-items"><a title="" target="" class="cta MainNavigation_tertiaryLink__nq_tc" href="/en/commodities/chlor-alkali">Chlor-alkali</a></li><li class="MainNavigation_tertiaryItem__JMSfK qa-nav-3rd-items"><a title="" target="" class="cta MainNavigation_tertiaryLink__nq_tc" href="/en/commodities/polyurethanes">Polyurethanes</a></li><li class="MainNavigation_tertiaryItem__JMSfK qa-nav-3rd-items"><a title="" target="" class="cta MainNavigation_tertiaryLink__nq_tc" href="/en/commodities/oleochemicals">Oleochemicals</a></li></ul></li><li class="MainNavigation_secondaryItem__b3LkS qa-nav-2nd-items "><button class="cta MainNavigation_secondaryLink__dWmVz">Fertilizers</button><ul class="MainNavigation_tertiaryList__5v6Ig qa-nav-3rd"><li class="MainNavigation_tertiaryItem__JMSfK qa-nav-3rd-items"><a title="" target="" class="cta MainNavigation_tertiaryLink__nq_tc" href="/en/commodities/fertilizers">Fertilizers overview</a></li><li class="MainNavigation_tertiaryItem__JMSfK qa-nav-3rd-items"><a title="" target="" class="cta MainNavigation_tertiaryLink__nq_tc" href="/en/commodities/ammonia">Ammonia</a></li><li class="MainNavigation_tertiaryItem__JMSfK qa-nav-3rd-items"><a title="" target="" class="cta MainNavigation_tertiaryLink__nq_tc" href="/en/commodities/nitrogen">Nitrogen</a></li><li class="MainNavigation_tertiaryItem__JMSfK qa-nav-3rd-items"><a title="" target="" class="cta MainNavigation_tertiaryLink__nq_tc" href="/en/commodities/npks">NPKs</a></li><li class="MainNavigation_tertiaryItem__JMSfK qa-nav-3rd-items"><a title="" target="" class="cta MainNavigation_tertiaryLink__nq_tc" href="/en/commodities/phosphates">Phosphates</a></li><li class="MainNavigation_tertiaryItem__JMSfK qa-nav-3rd-items"><a title="" target="" class="cta MainNavigation_tertiaryLink__nq_tc" href="/en/commodities/potash">Potash</a></li><li class="MainNavigation_tertiaryItem__JMSfK qa-nav-3rd-items"><a title="" target="" class="cta MainNavigation_tertiaryLink__nq_tc" href="/en/commodities/sulphur-and-sulphuric-acid">Sulphur and sulphuric acid</a></li><li class="MainNavigation_tertiaryItem__JMSfK qa-nav-3rd-items"><a title="" target="" class="cta MainNavigation_tertiaryLink__nq_tc" href="/en/commodities/sustainable-and-specialty-fertilizers">Sustainable and specialty fertilizers</a></li></ul></li><li class="MainNavigation_secondaryItem__b3LkS qa-nav-2nd-items "><button class="cta MainNavigation_secondaryLink__dWmVz">Metals</button><ul class="MainNavigation_tertiaryList__5v6Ig qa-nav-3rd"><li class="MainNavigation_tertiaryItem__JMSfK qa-nav-3rd-items"><a title="" target="" class="cta MainNavigation_tertiaryLink__nq_tc" href="/en/commodities/metals">Metals overview</a></li><li class="MainNavigation_tertiaryItem__JMSfK qa-nav-3rd-items"><a title="" target="" class="cta MainNavigation_tertiaryLink__nq_tc" href="/en/commodities/steel">Steel</a></li><li class="MainNavigation_tertiaryItem__JMSfK qa-nav-3rd-items"><a title="" target="" class="cta MainNavigation_tertiaryLink__nq_tc" href="/en/commodities/steel-raw-materials">Steel raw materials</a></li><li class="MainNavigation_tertiaryItem__JMSfK qa-nav-3rd-items"><a title="" target="" class="cta MainNavigation_tertiaryLink__nq_tc" href="/en/commodities/battery-materials">Battery materials</a></li><li class="MainNavigation_tertiaryItem__JMSfK qa-nav-3rd-items"><a title="" target="" class="cta MainNavigation_tertiaryLink__nq_tc" href="/en/commodities/specialty-and-minor-metals">Minor metals</a></li><li class="MainNavigation_tertiaryItem__JMSfK qa-nav-3rd-items"><a title="" target="" class="cta MainNavigation_tertiaryLink__nq_tc" href="/en/commodities/rare-earths">Rare earths</a></li><li class="MainNavigation_tertiaryItem__JMSfK qa-nav-3rd-items"><a title="" target="" class="cta MainNavigation_tertiaryLink__nq_tc" href="/en/commodities/alloys">Alloys</a></li><li class="MainNavigation_tertiaryItem__JMSfK qa-nav-3rd-items"><a title="" target="" class="cta MainNavigation_tertiaryLink__nq_tc" href="/en/commodities/scrap">Scrap</a></li><li class="MainNavigation_tertiaryItem__JMSfK qa-nav-3rd-items"><a title="" target="" class="cta MainNavigation_tertiaryLink__nq_tc" href="/en/commodities/pipe-and-tube">Pipe and tube</a></li><li class="MainNavigation_tertiaryItem__JMSfK qa-nav-3rd-items"><a title="" target="" class="cta MainNavigation_tertiaryLink__nq_tc" href="/en/commodities/base-metals">Base metals</a></li></ul></li><li class="MainNavigation_secondaryItem__b3LkS qa-nav-2nd-items "><a title="" target="" class="cta MainNavigation_secondaryLink__dWmVz" href="/en/commodities/agriculture">Agriculture</a></li></ul></li><li class="MainNavigation_primaryItem__myUif qa-nav-primary-items "><button type="button" class="cta MainNavigation_primaryLink__tYxec">Industries</button><ul class="MainNavigation_secondaryList__iQt0k qa-nav-2nd"><li class="MainNavigation_secondaryItem__b3LkS qa-nav-2nd-items "><a title="" target="" class="cta MainNavigation_secondaryLink__dWmVz" href="/en/industries">Industries overview</a></li><li class="MainNavigation_secondaryItem__b3LkS qa-nav-2nd-items "><a title="" target="" class="cta MainNavigation_secondaryLink__dWmVz" href="/en/industries/freight">Freight</a></li><li class="MainNavigation_secondaryItem__b3LkS qa-nav-2nd-items "><a title="" target="" class="cta MainNavigation_secondaryLink__dWmVz" href="/en/industries/upstream-oil-and-gas">Upstream oil and gas</a></li><li class="MainNavigation_secondaryItem__b3LkS qa-nav-2nd-items "><a title="" target="" class="cta MainNavigation_secondaryLink__dWmVz" href="/en/industries/oil-refining-and-distribution">Oil refining and distribution</a></li><li class="MainNavigation_secondaryItem__b3LkS qa-nav-2nd-items "><a title="" target="" class="cta MainNavigation_secondaryLink__dWmVz" href="/en/industries/biofuels-production">Biofuels production</a></li><li class="MainNavigation_secondaryItem__b3LkS qa-nav-2nd-items "><a title="" target="" class="cta MainNavigation_secondaryLink__dWmVz" href="/en/industries/aviation">Aviation</a></li><li class="MainNavigation_secondaryItem__b3LkS qa-nav-2nd-items "><a title="" target="" class="cta MainNavigation_secondaryLink__dWmVz" href="/en/industries/petrochemicals">Petrochemicals</a></li><li class="MainNavigation_secondaryItem__b3LkS qa-nav-2nd-items "><a title="" target="" class="cta MainNavigation_secondaryLink__dWmVz" href="/en/industries/natural-gas-and-power-distribution">Natural gas and power distribution</a></li><li class="MainNavigation_secondaryItem__b3LkS qa-nav-2nd-items "><a title="" target="" class="cta MainNavigation_secondaryLink__dWmVz" href="/en/industries/power-generation">Power generation</a></li><li class="MainNavigation_secondaryItem__b3LkS qa-nav-2nd-items "><a title="" target="" class="cta MainNavigation_secondaryLink__dWmVz" href="/en/industries/mining">Mining</a></li><li class="MainNavigation_secondaryItem__b3LkS qa-nav-2nd-items "><a title="" target="" class="cta MainNavigation_secondaryLink__dWmVz" href="/en/industries/industrial-manufacturing">Industrial manufacturing</a></li><li class="MainNavigation_secondaryItem__b3LkS qa-nav-2nd-items "><a 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href="/en/solutions/analytics-and-forecasting/long-term-analytics">Long term analytics</a></li><li class="MainNavigation_tertiaryItem__JMSfK qa-nav-3rd-items"><a title="" target="" class="cta MainNavigation_tertiaryLink__nq_tc" href="/en/solutions/analytics-and-forecasting/argus-forward-curves">Forward curves</a></li><li class="MainNavigation_tertiaryItem__JMSfK qa-nav-3rd-items"><a title="" target="" class="cta MainNavigation_tertiaryLink__nq_tc" href="/en/solutions/analytics-and-forecasting/data-science-and-machine-learning">Data science and machine learning</a></li></ul></li><li class="MainNavigation_secondaryItem__b3LkS qa-nav-2nd-items "><a title="" target="" class="cta MainNavigation_secondaryLink__dWmVz" href="/en/solutions/consulting-projects">Consulting projects</a></li><li class="MainNavigation_secondaryItem__b3LkS qa-nav-2nd-items "><a title="" target="" class="cta MainNavigation_secondaryLink__dWmVz" href="/en/solutions/business-intelligence-reports">Business intelligence reports</a></li><li class="MainNavigation_secondaryItem__b3LkS qa-nav-2nd-items "><button class="cta MainNavigation_secondaryLink__dWmVz">How we deliver</button><ul class="MainNavigation_tertiaryList__5v6Ig qa-nav-3rd"><li class="MainNavigation_tertiaryItem__JMSfK qa-nav-3rd-items"><a title="" target="" class="cta MainNavigation_tertiaryLink__nq_tc" href="/en/solutions/how-we-deliver">How we deliver overview</a></li><li class="MainNavigation_tertiaryItem__JMSfK qa-nav-3rd-items"><a title="" class="cta MainNavigation_tertiaryLink__nq_tc" href="/en/solutions/how-we-deliver/client-portal">Client portal</a></li><li class="MainNavigation_tertiaryItem__JMSfK qa-nav-3rd-items"><a title="" target="" class="cta MainNavigation_tertiaryLink__nq_tc" href="/en/solutions/how-we-deliver/argus-data-science-studio">Argus Data Science Studio</a></li><li class="MainNavigation_tertiaryItem__JMSfK qa-nav-3rd-items"><a title="" target="" class="cta MainNavigation_tertiaryLink__nq_tc" href="/en/solutions/how-we-deliver/argus-open-markets">Argus Open Markets</a></li><li class="MainNavigation_tertiaryItem__JMSfK qa-nav-3rd-items"><a title="" target="" class="cta MainNavigation_tertiaryLink__nq_tc" href="/en/solutions/products/argus-spot-ticker">Argus Spot Ticker</a></li><li class="MainNavigation_tertiaryItem__JMSfK qa-nav-3rd-items"><a title="" class="cta MainNavigation_tertiaryLink__nq_tc" href="/en/solutions/how-we-deliver/channel-partners">Channel partners</a></li></ul></li></ul></li><li class="MainNavigation_primaryItem__myUif qa-nav-primary-items "><button type="button" class="cta MainNavigation_primaryLink__tYxec">Events</button><ul class="MainNavigation_secondaryList__iQt0k qa-nav-2nd"><li class="MainNavigation_secondaryItem__b3LkS qa-nav-2nd-items "><a title="" target="" class="cta MainNavigation_secondaryLink__dWmVz" href="/en/events">Events overview</a></li><li class="MainNavigation_secondaryItem__b3LkS qa-nav-2nd-items "><a title="" class="cta 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class="MainNavigation_secondaryList__iQt0k qa-nav-2nd"><li class="MainNavigation_secondaryItem__b3LkS qa-nav-2nd-items "><a title="" target="" class="cta MainNavigation_secondaryLink__dWmVz" href="/en/methodology">Methodology overview</a></li><li class="MainNavigation_secondaryItem__b3LkS qa-nav-2nd-items "><a title="" target="" class="cta MainNavigation_secondaryLink__dWmVz" href="/en/methodology/methodologies">Browse Argus methodologies</a></li><li class="MainNavigation_secondaryItem__b3LkS qa-nav-2nd-items "><a title="" target="" class="cta MainNavigation_secondaryLink__dWmVz" href="/en/methodology/key-commodity-prices">Key commodity prices</a></li><li class="MainNavigation_secondaryItem__b3LkS qa-nav-2nd-items "><a title="" target="" class="cta MainNavigation_secondaryLink__dWmVz" href="/en/methodology/publishing-schedule">Publishing schedule</a></li><li class="MainNavigation_secondaryItem__b3LkS qa-nav-2nd-items "><a title="" target="" class="cta 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class="col-12 col-lg-6 offset-lg-1"><div class="HeroBanner_titleAndDescription__0Cj9_"><h1 class="qa-banner-title">Road fuels</h1><div class="h4 qa-banner-description">Industry-leading prices and analysis for gasoline, diesel, biofuels and blending components like naphtha for each key region.</div></div></div></div></div></div></div></div><div class="component small grey "><div class="component-content"><div class="PageSubnavigation_container__yH3q7 qa-subnavigation-bar container"><div class="PageSubnavigation_outer__ocRn_"><div class="PageSubnavigation_bar__Cf50a"><a href="#overview" class="qa-subnavigation-anchor PageSubnavigation_item__mBuP2 cta bar " title="">Overview</a><a href="#news" class="qa-subnavigation-anchor PageSubnavigation_item__mBuP2 cta bar " title="">Latest news</a><a href="#spotlight" class="qa-subnavigation-anchor PageSubnavigation_item__mBuP2 cta bar " title="">Spotlight content</a><a href="#products" class="qa-subnavigation-anchor PageSubnavigation_item__mBuP2 cta bar " title="">Explore our road fuels products</a><a href="#prices" class="qa-subnavigation-anchor PageSubnavigation_item__mBuP2 cta bar " title="">Key price assessments</a><a href="#events" class="qa-subnavigation-anchor PageSubnavigation_item__mBuP2 cta bar " title="">Related events</a><button type="button" class="PageSubnavigation_showMore__2Z47G cta ">More</button></div></div><div class="PageSubnavigation_drawer__lxQUi grey " style="left:0px"><div class="container"><div class="PageSubnavigation_drawerInner__Q_bJs"><div class="PageSubnavigation_drawerItems__AwukY"><a href="#overview" class="qa-subnavigation-anchor PageSubnavigation_item__mBuP2 cta bar " title="">Overview</a><a href="#news" class="qa-subnavigation-anchor PageSubnavigation_item__mBuP2 cta bar " title="">Latest news</a><a href="#spotlight" class="qa-subnavigation-anchor PageSubnavigation_item__mBuP2 cta bar " title="">Spotlight content</a><a href="#products" class="qa-subnavigation-anchor PageSubnavigation_item__mBuP2 cta bar " title="">Explore our road fuels products</a><a href="#prices" class="qa-subnavigation-anchor PageSubnavigation_item__mBuP2 cta bar " title="">Key price assessments</a><a href="#events" class="qa-subnavigation-anchor PageSubnavigation_item__mBuP2 cta bar " title="">Related events</a></div></div></div></div></div></div></div><div class="component component-padding PageIntroduction_pageIntroduction__BoFDD white" id="overview"><div class="component-content"><div class="container"><div class="PageIntroduction_row__DH0rm row"><div class="col-12 col-lg-8"><div class="qa-pageintroduction-section"><h2 class="qa-pageintroduction-title">Overview</h2><div class="PageIntroduction_description__hOYK7"><div class="qa-pageintroduction-textfield"><p>Fuels for road transportation continue to drive the refining industry. But gasoline and diesel are coming under increasing pressure from low-carbon targets being implemented around the world. <br /> <br /> Global oversupply, new regulatory measures and rapidly increasing competition for export markets are affecting refining margins. The need for accurate insight and data is more critical than ever. <br /> <br /> Argus road fuels coverage includes price assessments and key insights into both conventional fuels - gasoline, distillates and blending components – as well as biofuels, in each key region. Our trusted prices are delivered alongside the latest market-moving news, in-depth analysis, supply and demand dynamics, price forecasts and forward curves data.</p></div></div></div></div></div></div></div></div><div class="component component-padding navy " id="news"><div class="component-content"><div class="container"><div class="row"><div class="col-12 col-lg-7"><h2 class="qa-combinedfeed-title section-heading">Latest road fuels news</h2><p class="qa-combinedfeed-description">Browse the latest market moving news on the global road fuels industry.</p></div></div><div aria-live="polite" class="Tabs_tabs__tVXxO secondary"><div class="qa-tabspanel-list Tabs_panel__uEe2n current" role="tabpanel"><div class="row"><div class="col-12 col-lg-6"><a class="qa-combinedfeed-primary-item News_link__TcfaC News_primary__Fop2j white" href="/en/news-and-insights/latest-market-news/2631500-singapore-light-distillate-stocks-hit-seven-week-high"><div class="News_primaryInner__9SOga"><div class="qa-combinedfeed-item-eyebrow News_meta__Gc4kJ News_category__qm0Jk h5">Latest road fuels news</div><div class="qa-combinedfeed-item-date News_meta__Gc4kJ News_date___zoLz h5">22/11/24</div><hr class="News_hr__BZset"/><h3 class="qa-combinedfeed-item-title News_headline__JsnZr h2 d-none d-lg-block">Singapore light distillate stocks hit seven-week high</h3><h3 class="qa-combinedfeed-item-title News_headline__JsnZr d-lg-none">Singapore light distillate stocks hit seven-week high</h3><p class="qa-combinedfeed-item-summary News_summary__eRMnt">Singapore, 22 November (Argus) — Singapore light distillate and middle distillate inventories rose to multi-week highs while residual fuel stocks fell to a three-week low for the week ending 20 November, according to Enterprise Singapore. Singapore's light distillates stocks rose to a seven-week high, boosted by increased naphtha imports and an onslaught of gasoline cargoes from Saudi Arabia into the city-state. Naphtha imports rose by 21pc on the week to 1.98mn bl. Kuwait, India, and the UAE were the top three suppliers to Singapore this week. Kuwait likely exported more naphtha to Asia this month, as an issue at its reformer resulted in more spare naphtha on hand for exports. More Saudi Arabian gasoline cargoes entered Singapore, adding to stocks. Singapore received another 800,000 bl of gasoline from the Mideast Gulf nation after already receiving similar volumes last week. Middle distillates stocks rose further to a six-week high, as jet fuel exports fell while imports rose. Swing supplies of jet fuel continued to arrive from India, with a 494,000 bl India jet fuel cargo imported into Singapore in the past week. Singapore's onshore fuel oil inventories retreated to a three-week low after climbing for two consecutive weeks, as imports fell sharply this week. But total inventories for November remained marginally higher at 17.78 mn bl,compared to 17.55 mn bl last month. Brazil, Indonesia, and Iraq were the top origin countries for fuel oil arrivals, while the majority of exports were bound for the Philippines and Hong Kong. No exports were recorded to China this week. By Aldric Chew, Asill Bardh, Cara Wong and Lu Yawen Singapore onshore stocks (week to 20 November '24) Volume ± w-o-w ± w-o-w (%) Light distillates Stocks 15.16 1.04 7.37 Naphtha imports 1.98 0.35 21.36 Naphtha exports 0.61 0.60 8,689.57 Gasoline imports 3.04 -0.53 -14.91 Gasoline exports 4.74 -0.35 -6.91 Middle distillates Stocks 10.27 0.63 6.56 Gasoil imports 0.61 -1.12 -64.79 Gasoil exports 3.48 1.36 63.82 Jet fuel imports 0.5 0.1 39.34 Jet fuel exports 0.20 -0.28 -58.34 Residual fuels Stocks 16.98 -1.37 -7.45 Fuel oil imports 2.19 -4.36 -66.61 Fuel oil exports 1.23 -2.04 -62.53 Source: Enterprise Singapore Send comments and request more information at feedback@argusmedia.com Copyright © 2024. Argus Media group . All rights reserved.</p></div><span class="qa-combinedfeed-item-cta cta d-none d-lg-inline-flex">Find out more</span></a></div><div class="col-12 col-lg-6"><div class="News_secondaryGroup__CVF5i"><a class="qa-combinedfeed-secondary-item News_link__TcfaC News_secondary__4Pe3A white" href="/en/news-and-insights/latest-market-news/2630880-mexico-to-keep-some-energy-regulator-independence"><div class="News_secondaryOuter__68Cw0 d-none d-lg-flex"><div class="News_secondaryInner__T663Z"><div class="qa-combinedfeed-item-eyebrow News_meta__Gc4kJ h5">Latest road fuels news</div><h3 class="qa-combinedfeed-item-title News_headline__JsnZr">Mexico to keep some energy regulator independence</h3></div><hr class="News_hr__BZset"/><div class="qa-combinedfeed-item-date News_meta__Gc4kJ News_date___zoLz h5">20/11/24</div></div><div class="News_secondaryOuter__68Cw0 d-flex d-lg-none"><div class="qa-combinedfeed-item-eyebrow News_meta__Gc4kJ News_category__qm0Jk h5">Latest road fuels news</div><div class="qa-combinedfeed-item-date News_meta__Gc4kJ News_date___zoLz h5">20/11/24</div><hr class="News_hr__BZset"/><h3 class="qa-combinedfeed-item-title News_headline__JsnZr">Mexico to keep some energy regulator independence</h3><p class="qa-combinedfeed-item-summary News_summary__eRMnt">Mexico City, 20 November (Argus) — Mexico's lower house constitutional affairs commission changed its draft bill on eliminating independent regulators to keep the energy regulatory commission (CRE) independent on technical issues even after the energy ministry absorbs it. In an earlier draft, respective ministries would take over the functions of previously independent regulators. With the change, CRE will become a "decentralized body," said President Claudia Sheinbaum. It will retain technical independence but will no longer be an autonomous regulator able to set its budget, the president added. Sheinbaum did not mention hydrocarbons regulator CNH, which could take up a similar position as CRE. Antitrust watchdog Cofece and telecommunications regulator IFT would become similarly decentralized bodies with technical independence from the economy ministry. Transparency watchdog Inai will disappear but a new anticorruption ministry will take over its functions. Inai in recent years has forced state-owned oil company Pemex to release more detailed data about harmful emissions and fuel theft, among other issues. Mexico's independent regulators and watchdogs still formed part of the 2025 budget proposal the government revealed this week. The actual independence of Mexico's energy regulators has been questioned since the previous government, as the number of permits granted by CRE to private companies has dropped in favor of state-owned companies . Critics have raised concerns regarding the bill, arguing it will destabilize Mexico's balance of power and undermine investor confidence. The proposal also fueled concerns that this change could weaken Mexico's standing in the 2026 review of the US-Mexico-Canada free trade agreement (USMCA), as the US and Canada may see the exit of independent regulators as a risk to their business interests in Mexico. Sheinbaum said she met with US president Joe Biden and Canadian president Justin Trudeau during the G20 summit and discussed the importance of the USMCA. She did not mention any concerns the trade partners had regarding the bill. Morena previously tried to absorb the independent regulators early on during the previous administration. The ruling party saw its efforts strained because it lacked the two-thirds supermajority required to pass constitutional changes. Morena and its allies are now expected to secure the votes swiftly, as they have passed other constitutional reforms in the previous weeks. By Cas Biekmann Send comments and request more information at feedback@argusmedia.com Copyright © 2024. Argus Media group . All rights reserved.</p></div></a><a class="qa-combinedfeed-secondary-item News_link__TcfaC News_secondary__4Pe3A white" href="/en/news-and-insights/latest-market-news/2627405-german-oil-supply-holds-as-refinery-work-continues"><div class="News_secondaryOuter__68Cw0 d-none d-lg-flex"><div class="News_secondaryInner__T663Z"><div class="qa-combinedfeed-item-eyebrow News_meta__Gc4kJ h5">Latest road fuels news</div><h3 class="qa-combinedfeed-item-title News_headline__JsnZr">German oil supply holds as refinery work continues</h3></div><hr class="News_hr__BZset"/><div class="qa-combinedfeed-item-date News_meta__Gc4kJ News_date___zoLz h5">11/11/24</div></div><div class="News_secondaryOuter__68Cw0 d-flex d-lg-none"><div class="qa-combinedfeed-item-eyebrow News_meta__Gc4kJ News_category__qm0Jk h5">Latest road fuels news</div><div class="qa-combinedfeed-item-date News_meta__Gc4kJ News_date___zoLz h5">11/11/24</div><hr class="News_hr__BZset"/><h3 class="qa-combinedfeed-item-title News_headline__JsnZr">German oil supply holds as refinery work continues</h3><p class="qa-combinedfeed-item-summary News_summary__eRMnt">Hamburg, 11 November (Argus) — Oil product supply in Germany remains high even though a delayed end to the autumn refinery maintenance season has cut regional production. Germany's refining sector had seemed poised to finish its maintenance season at the end of October as scheduled, but the Miro and Bayernoil consortiums took catalytic hydro-desulphurisation units offline at their respective 310,000 b/d Karlsruhe refinery and the Neustadt site of the 215,000 b/d Vohburg-Neustadt refinery, both in southern Germany, at the start of November for unplanned maintenance works. Production of distillates is restricted at both refineries, leading to a drop in local supply. It is unknown when supply in Karlsruhe will return to normal levels. Local traders said supply at Neustadt will be restricted until 19 November. TotalEnergies' 240,000 b/d Leuna refinery in southeastern Germany faced some technical difficulties after maintenance works at the end of October. This delayed a return to normal production levels, and suppliers restricted sales of heating oil and road fuels in the past week as inventories were running low. The restrictions were lifted on 8 November. The rest of Germany's 11 refineries are producing normally, and diesel imports into northern ports remain high. Demand for heating oil and diesel is relatively low. Traded diesel volumes reported to Argus were almost half in the week to 7 November compared with the last week of October, and heating oil volumes fell by about 50pc at the same time. Supply remains high enough to meet demand despite the locally reduced production. By Natalie Müller Send comments and request more information at feedback@argusmedia.com Copyright © 2024. Argus Media group . All rights reserved.</p></div></a><a class="qa-combinedfeed-secondary-item News_link__TcfaC News_secondary__4Pe3A white" href="/en/news-and-insights/latest-market-news/2625774-iran-sounds-alarm-on-gasoline-shortage"><div class="News_secondaryOuter__68Cw0 d-none d-lg-flex"><div class="News_secondaryInner__T663Z"><div class="qa-combinedfeed-item-eyebrow News_meta__Gc4kJ h5">Latest road fuels news</div><h3 class="qa-combinedfeed-item-title News_headline__JsnZr">Iran sounds alarm on gasoline shortage</h3></div><hr class="News_hr__BZset"/><div class="qa-combinedfeed-item-date News_meta__Gc4kJ News_date___zoLz h5">06/11/24</div></div><div class="News_secondaryOuter__68Cw0 d-flex d-lg-none"><div class="qa-combinedfeed-item-eyebrow News_meta__Gc4kJ News_category__qm0Jk h5">Latest road fuels news</div><div class="qa-combinedfeed-item-date News_meta__Gc4kJ News_date___zoLz h5">06/11/24</div><hr class="News_hr__BZset"/><h3 class="qa-combinedfeed-item-title News_headline__JsnZr">Iran sounds alarm on gasoline shortage</h3><p class="qa-combinedfeed-item-summary News_summary__eRMnt">Dubai, 6 November (Argus) — The new Iranian government has sounded the alarm on an emerging gasoline shortage that looks set to get worse unless new policies are introduced to clamp down on runaway demand growth. Presenting a draft budget for the Iranian year starting on 20 March 2025, Iran's President Masoud Pezeshkian criticised the existing gasoline rationing system, calling it one of the major hurdles for the proposed bill. Iran has, since 2007, allowed citizens to buy base levels of gasoline at subsidised prices and any additional at a higher price. But the system failed to cap demand and imports sufficiently. In the proposed budget the government has signalled plans to ease shortages, but increasing prices is not on the agenda. A cut to subsidies in 2019 sparked nation-wide protests . "Today the cost of [producing] gasoline — which includes refining costs, transportation costs, and gas station maintenance costs — is about 8000 tomans (80,000 rials)," Pezeshkian said. But consumers only pay 7.5pc of the actual price of gasoline, according to Iran's oil ministry. Iran's gasoline consumption has reached a record high of around 750,000 b/d in the first seven months of the Iranian year that began on 20 March, according to the ministry. Domestic refinery capacity of 670,000 b/d has been unable to satisfy this. To bridge the gap Iran has turned to imports, which has not been easy for the heavily sanctioned country that buys the fuel at market prices. "Around 90 trillion tomans [$1.3bn at the free market rate] was spent to import gasoline this year, which could be increased to 130 trillion tomans [$1.9bn] next year if the [demand growth] trend continues," Pezeshkian warned. Supply-side response If Tehran is unwilling to raise pump prices it will have to add more supply. Work in underway to bringing online an additional fourth train at the Persian Gulf Star (PGS) condensate splitter, and on a 60,000 b/d splitter that made up just one part of the now shelved Siraf project. Consultancy FGE expects these projects to be commissioned by the end of 2025 or early 2026 and "potentially close the gap." The newly-appointed head of state-owned refining company NIORDC, Mohammad Sadegh Azimifar, said using CNG-powered vehicles could reduce the need for more gasoline production. "There are good legal capacities in the country for the development of CNG, including the approval of the energy optimization fund," he said. But CNG has lower mileage and energy content, and CNG filling stations are beset with long queues. "If you have a CNG car, you can only drive it for a day and one will have to wait in long queues to get it refilled, only for it to last for another day", said FGE's Middle East managing director Iman Nasseri. Iran has sufficient reserves of natural gas and LPG, but both of these failed to emerge as a good alternative fuel, he said. The Pezeshkian administration has repeated calls to increase use of public transport and modernise the country's vehicle fleet. But metros and buses are being utilised at maximum capacity and private vehicles are a favourable option in a country with the second-most discounted fuel prices in the world, Nasseri said. Iran is yet to tackle rampant fuel smuggling, with market sources indicating gasoline continues to be illegally shipped to neighbouring countries like Pakistan, Afghanistan and Kazakhstan. Earlier this week, authorities seized around 220,000l of smuggled fuel in several warehouses in Mashhad. While the administration strongly rebukes subsidies, with new vice president Mohammad Reza Aref calling them "unreasonable", they continue to look at solutions that does not include any increase in retail prices, in fear of a repeat of the 2019 protests. But with a lack of infrastructure to capitalize on CNG and limitations in public transportation system, the government may have no choice but to reconsider. By Rithika Krishna Send comments and request more information at feedback@argusmedia.com Copyright © 2024. Argus Media group . All rights reserved.</p></div></a><a class="qa-combinedfeed-secondary-item News_link__TcfaC News_secondary__4Pe3A white" href="/en/news-and-insights/latest-market-news/2622801-mexico-loads-up-on-us-gulf-coast-fuel"><div class="News_secondaryOuter__68Cw0 d-none d-lg-flex"><div class="News_secondaryInner__T663Z"><div class="qa-combinedfeed-item-eyebrow News_meta__Gc4kJ h5">Latest road fuels news</div><h3 class="qa-combinedfeed-item-title News_headline__JsnZr">Mexico loads up on US Gulf coast fuel</h3></div><hr class="News_hr__BZset"/><div class="qa-combinedfeed-item-date News_meta__Gc4kJ News_date___zoLz h5">28/10/24</div></div><div class="News_secondaryOuter__68Cw0 d-flex d-lg-none"><div class="qa-combinedfeed-item-eyebrow News_meta__Gc4kJ News_category__qm0Jk h5">Latest road fuels news</div><div class="qa-combinedfeed-item-date News_meta__Gc4kJ News_date___zoLz h5">28/10/24</div><hr class="News_hr__BZset"/><h3 class="qa-combinedfeed-item-title News_headline__JsnZr">Mexico loads up on US Gulf coast fuel</h3><p class="qa-combinedfeed-item-summary News_summary__eRMnt">Mexico City, 28 October (Argus) — Mexico is ramping up gasoline and diesel imports from the US Gulf coast as the year-end holiday season approaches, signaling a likely decrease in domestic refinery runs. Mexican state-owned Pemex's trading arm PMI last week put at least six MR tankers on subjects for US Gulf coast-east coast Mexico voyages amid 20-month low freight rates . One of the tankers, the Seaways Kolberg , departed on 25 October to the Tuxpan port in Veracruz, carrying about 285,000 bl of ultra-low sulphur diesel (ULSD), preliminary Vortexa data show. Two more tankers, the Coetivy and Gerakas, are expected to depart early this week to east coast Mexico, carrying a total of about 487,000 bl of gasoline. The push follows a recent drop in imports during the peak of the hurricane season, when shipments were curtailed by storm-related disruptions. The rise also reflects potential challenges within Mexico's refining system. At least three of Pemex's seven domestic refineries have undergone planned maintenance this month, including the 330,000 b/d Salina Cruz refinery, according to market sources. Additionally, the new 340,000 b/d Olmeca refinery stopped processing crude for most of October, as its crude distillation unit (CDU) again experienced issues. Minatitlan and Cadereyta refineries will undergo CDU maintenance, taking down as much as 270,000 b/d of crude processing in the first week of November, according to market sources. President Claudia Sheinbaum's administration inherited the unfulfilled goal of gasoline and diesel self-sufficiency. While Mexico has increased fuel output at its domestic refineries, the country still relies on imports for over 60pc of its gasoline and diesel demand, mainly from the US Gulf coast. Mexico's fuel imports will likely increase in the coming weeks, as November and December traditionally bring a spike in fuel demand in the country, with holiday travel and seasonal festivities driving up consumption. By Antonio Gozain Send comments and request more information at feedback@argusmedia.com Copyright © 2024. Argus Media group . 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The price assessment is used to price swaps and physical deals and in clearing and settlement through exchanges.</p></div><span class="cta undefined qa-contentcarousel-item-cta">Find out more</span></a></div><div class="qa-slide-items "><a class="ContentCarousel_card__dJMK_ qa-contentcarousel-items" href="/en/methodology/key-commodity-prices/argus-renewable-diesel"><div><h3 class="h4 qa-contentcarousel-item-title">Argus renewable diesel</h3><p class="ContentCarousel_text__B6H_a qa-contentcarousel-item-description">A full suite of comprehensive and reliable prices covering spot markets and margins in North America.</p></div><span class="cta undefined qa-contentcarousel-item-cta">Find out more</span></a></div><div class="qa-slide-items "><a class="ContentCarousel_card__dJMK_ qa-contentcarousel-items" href="/en/methodology/key-commodity-prices/argus-red-advanced-fame-0c-cfpp-fob-ara"><div><h3 class="h4 qa-contentcarousel-item-title">Argus RED Advanced Fame 0°C CFPP fob ARA</h3><p class="ContentCarousel_text__B6H_a qa-contentcarousel-item-description">The industry's first daily price assessment for an advanced biodiesel.</p></div><span class="cta undefined qa-contentcarousel-item-cta">Find out more</span></a></div><div class="qa-slide-items "><a class="ContentCarousel_card__dJMK_ qa-contentcarousel-items" href="/en/methodology/key-commodity-prices/argus-nyh-buckeye-pipeline-cbob-gasoline"><div><h3 class="h4 qa-contentcarousel-item-title">Argus NYH Buckeye pipeline CBOB gasoline</h3><p class="ContentCarousel_text__B6H_a qa-contentcarousel-item-description">Captures the true value of Buckeye pipeline CBOB conventional gasoline out of the New York Harbor.</p></div><span class="cta undefined qa-contentcarousel-item-cta">Find out more</span></a></div><div class="qa-slide-items "><a class="ContentCarousel_card__dJMK_ qa-contentcarousel-items" href="/en/methodology/key-commodity-prices/argus-nyh-barge-ulsd"><div><h3 class="h4 qa-contentcarousel-item-title">Argus NYH barge diesel</h3><p class="ContentCarousel_text__B6H_a qa-contentcarousel-item-description">New York Harbor (NYH) is one of the largest clearing markets for diesel in the Atlantic basin. The price of a NYH barge is considered the bellwether of distillate demand in the US Northeast, and underpins several major futures contracts.</p></div><span class="cta undefined qa-contentcarousel-item-cta">Find out more</span></a></div><div class="qa-slide-items "><a class="ContentCarousel_card__dJMK_ qa-contentcarousel-items" href="/en/methodology/key-commodity-prices/argus-non-oxy-e10-cargo-gasoline"><div><h3 class="h4 qa-contentcarousel-item-title">Argus non-oxy “E10” cargo gasoline</h3><p class="ContentCarousel_text__B6H_a qa-contentcarousel-item-description">Links the UK and northwest European gasoline cargo markets.</p></div><span class="cta undefined qa-contentcarousel-item-cta">Find out more</span></a></div><div class="qa-slide-items "><a class="ContentCarousel_card__dJMK_ qa-contentcarousel-items" href="/en/methodology/key-commodity-prices/argus-new-york-harbor-ulsd-buckeye"><div><h3 class="h4 qa-contentcarousel-item-title">Argus New York Harbor ULSD Buckeye</h3><p class="ContentCarousel_text__B6H_a qa-contentcarousel-item-description">Providing pricing for one of the most actively traded fuel markets in North America.</p></div><span class="cta undefined qa-contentcarousel-item-cta">Find out more</span></a></div><div class="qa-slide-items "><a class="ContentCarousel_card__dJMK_ qa-contentcarousel-items" href="/en/methodology/key-commodity-prices/argus-new-york-harbor-rbob-barge-gasoline"><div><h3 class="h4 qa-contentcarousel-item-title">Argus New York Harbor RBOB barge gasoline</h3><p class="ContentCarousel_text__B6H_a qa-contentcarousel-item-description">NYH barge, the bellwether of distillate demand in the US Northeast.</p></div><span class="cta undefined qa-contentcarousel-item-cta">Find out more</span></a></div><div class="qa-slide-items "><a class="ContentCarousel_card__dJMK_ qa-contentcarousel-items" href="/en/methodology/key-commodity-prices/argus-german-diesel-10ppm-cif-hamburg"><div><h3 class="h4 qa-contentcarousel-item-title">Argus German diesel 10ppm cif Hamburg</h3><p class="ContentCarousel_text__B6H_a qa-contentcarousel-item-description">Trusted, representative price capturing the value of diesel cargoes imported to northern Germany.</p></div><span class="cta undefined qa-contentcarousel-item-cta">Find out more</span></a></div><div class="qa-slide-items "><a class="ContentCarousel_card__dJMK_ qa-contentcarousel-items" href="/en/methodology/key-commodity-prices/argus-fame-0-biodiesel"><div><h3 class="h4 qa-contentcarousel-item-title">Argus FAME Ø biodiesel</h3><p class="ContentCarousel_text__B6H_a qa-contentcarousel-item-description">The most referenced benchmark price for biodiesel in Europe.</p></div><span class="cta undefined qa-contentcarousel-item-cta">Find out more</span></a></div><div class="qa-slide-items "><a class="ContentCarousel_card__dJMK_ qa-contentcarousel-items" href="/en/methodology/key-commodity-prices/argus-european-diesel-10ppm"><div><h3 class="h4 qa-contentcarousel-item-title">Argus European Diesel 10ppm</h3><p class="ContentCarousel_text__B6H_a qa-contentcarousel-item-description">Reliable price assessments for European diesel reflecting today’s trade flows.</p></div><span class="cta undefined qa-contentcarousel-item-cta">Find out more</span></a></div><div class="qa-slide-items "><a class="ContentCarousel_card__dJMK_ qa-contentcarousel-items" href="/en/methodology/key-commodity-prices/argus-eurobob-oxy-gasoline"><div><h3 class="h4 qa-contentcarousel-item-title">Argus Eurobob oxy gasoline</h3><p class="ContentCarousel_text__B6H_a qa-contentcarousel-item-description">Benchmark for E5 gasoline transactions throughout northwest Europe.</p></div><span class="cta undefined qa-contentcarousel-item-cta">Find out more</span></a></div><div><a class="ContentCarousel_card__dJMK_ qa-contentcarousel-items" href="/en/methodology/key-commodity-prices/gasoil-diesel-50ppm-fob-offshore-lome-sts-cargo"><div><h3 class="h4 qa-contentcarousel-item-title">Gasoil diesel 50ppm fob offshore Lome STS cargo</h3><p class="ContentCarousel_text__B6H_a qa-contentcarousel-item-description">The market’s first and only price assessment of low sulphur gasoil cargo for West Africa.</p></div><span class="cta undefined qa-contentcarousel-item-cta">Find out more</span></a></div><div><a class="ContentCarousel_card__dJMK_ qa-contentcarousel-items" href="/en/methodology/key-commodity-prices/argus-us-gulf-colonial-pipeline-cbob"><div><h3 class="h4 qa-contentcarousel-item-title">Argus US Gulf Colonial pipeline Cbob</h3><p class="ContentCarousel_text__B6H_a qa-contentcarousel-item-description">Industry-leading price assessments for the most physical liquid gasoline market in the world.</p></div><span class="cta undefined qa-contentcarousel-item-cta">Find out more</span></a></div><div><a class="ContentCarousel_card__dJMK_ qa-contentcarousel-items" href="/en/methodology/key-commodity-prices/argus-us-gulf-colonial-pipeline-87-conventional-gasoline"><div><h3 class="h4 qa-contentcarousel-item-title">Argus US Gulf Colonial pipeline 87 conventional gasoline</h3><p class="ContentCarousel_text__B6H_a qa-contentcarousel-item-description">Captures the true value of this fuel, primarily used for exports or domestic blending.</p></div><span class="cta undefined qa-contentcarousel-item-cta">Find out more</span></a></div><div><a class="ContentCarousel_card__dJMK_ qa-contentcarousel-items" href="/en/methodology/key-commodity-prices/argus-us-colonial-pipeline-ulsd"><div><h3 class="h4 qa-contentcarousel-item-title">Argus US Colonial pipeline ULSD</h3><p class="ContentCarousel_text__B6H_a qa-contentcarousel-item-description">The key index basis for diesel in the US and across Latin America.</p></div><span class="cta undefined qa-contentcarousel-item-cta">Find out more</span></a></div><div><a class="ContentCarousel_card__dJMK_ qa-contentcarousel-items" href="/en/methodology/key-commodity-prices/argus-rme-biodiesel"><div><h3 class="h4 qa-contentcarousel-item-title">Argus RME biodiesel</h3><p class="ContentCarousel_text__B6H_a qa-contentcarousel-item-description">The Argus RME (rapeseed oil methyl ester) price assessment is a key biofuel benchmark for Europe. The price assessment is used to price swaps and physical deals and in clearing and settlement through exchanges.</p></div><span class="cta undefined qa-contentcarousel-item-cta">Find out more</span></a></div><div><a class="ContentCarousel_card__dJMK_ qa-contentcarousel-items" href="/en/methodology/key-commodity-prices/argus-renewable-diesel"><div><h3 class="h4 qa-contentcarousel-item-title">Argus renewable diesel</h3><p class="ContentCarousel_text__B6H_a qa-contentcarousel-item-description">A full suite of comprehensive and reliable prices covering spot markets and margins in North America.</p></div><span class="cta undefined qa-contentcarousel-item-cta">Find out more</span></a></div><div><a class="ContentCarousel_card__dJMK_ qa-contentcarousel-items" href="/en/methodology/key-commodity-prices/argus-red-advanced-fame-0c-cfpp-fob-ara"><div><h3 class="h4 qa-contentcarousel-item-title">Argus RED Advanced Fame 0°C CFPP fob ARA</h3><p class="ContentCarousel_text__B6H_a qa-contentcarousel-item-description">The industry's first daily price assessment for an advanced biodiesel.</p></div><span class="cta undefined qa-contentcarousel-item-cta">Find out more</span></a></div><div><a class="ContentCarousel_card__dJMK_ qa-contentcarousel-items" href="/en/methodology/key-commodity-prices/argus-nyh-buckeye-pipeline-cbob-gasoline"><div><h3 class="h4 qa-contentcarousel-item-title">Argus NYH Buckeye pipeline CBOB gasoline</h3><p class="ContentCarousel_text__B6H_a qa-contentcarousel-item-description">Captures the true value of Buckeye pipeline CBOB conventional gasoline out of the New York Harbor.</p></div><span class="cta undefined qa-contentcarousel-item-cta">Find out more</span></a></div><div><a class="ContentCarousel_card__dJMK_ qa-contentcarousel-items" href="/en/methodology/key-commodity-prices/argus-nyh-barge-ulsd"><div><h3 class="h4 qa-contentcarousel-item-title">Argus NYH barge diesel</h3><p class="ContentCarousel_text__B6H_a qa-contentcarousel-item-description">New York Harbor (NYH) is one of the largest clearing markets for diesel in the Atlantic basin. The price of a NYH barge is considered the bellwether of distillate demand in the US Northeast, and underpins several major futures contracts.</p></div><span class="cta undefined qa-contentcarousel-item-cta">Find out more</span></a></div><div><a class="ContentCarousel_card__dJMK_ qa-contentcarousel-items" href="/en/methodology/key-commodity-prices/argus-non-oxy-e10-cargo-gasoline"><div><h3 class="h4 qa-contentcarousel-item-title">Argus non-oxy “E10” cargo gasoline</h3><p class="ContentCarousel_text__B6H_a qa-contentcarousel-item-description">Links the UK and northwest European gasoline cargo markets.</p></div><span class="cta undefined qa-contentcarousel-item-cta">Find out more</span></a></div><div><a class="ContentCarousel_card__dJMK_ qa-contentcarousel-items" href="/en/methodology/key-commodity-prices/argus-new-york-harbor-ulsd-buckeye"><div><h3 class="h4 qa-contentcarousel-item-title">Argus New York Harbor ULSD Buckeye</h3><p class="ContentCarousel_text__B6H_a qa-contentcarousel-item-description">Providing pricing for one of the most actively traded fuel markets in North America.</p></div><span class="cta undefined qa-contentcarousel-item-cta">Find out more</span></a></div><div><a class="ContentCarousel_card__dJMK_ qa-contentcarousel-items" href="/en/methodology/key-commodity-prices/argus-new-york-harbor-rbob-barge-gasoline"><div><h3 class="h4 qa-contentcarousel-item-title">Argus New York Harbor RBOB barge gasoline</h3><p class="ContentCarousel_text__B6H_a qa-contentcarousel-item-description">NYH barge, the bellwether of distillate demand in the US Northeast.</p></div><span class="cta undefined qa-contentcarousel-item-cta">Find out more</span></a></div><div><a class="ContentCarousel_card__dJMK_ qa-contentcarousel-items" href="/en/methodology/key-commodity-prices/argus-german-diesel-10ppm-cif-hamburg"><div><h3 class="h4 qa-contentcarousel-item-title">Argus German diesel 10ppm cif Hamburg</h3><p class="ContentCarousel_text__B6H_a qa-contentcarousel-item-description">Trusted, representative price capturing the value of diesel cargoes imported to northern Germany.</p></div><span class="cta undefined qa-contentcarousel-item-cta">Find out more</span></a></div><div><a class="ContentCarousel_card__dJMK_ qa-contentcarousel-items" href="/en/methodology/key-commodity-prices/argus-fame-0-biodiesel"><div><h3 class="h4 qa-contentcarousel-item-title">Argus FAME Ø biodiesel</h3><p class="ContentCarousel_text__B6H_a qa-contentcarousel-item-description">The most referenced benchmark price for biodiesel in Europe.</p></div><span class="cta undefined qa-contentcarousel-item-cta">Find out more</span></a></div><div><a class="ContentCarousel_card__dJMK_ qa-contentcarousel-items" href="/en/methodology/key-commodity-prices/argus-european-diesel-10ppm"><div><h3 class="h4 qa-contentcarousel-item-title">Argus European Diesel 10ppm</h3><p class="ContentCarousel_text__B6H_a qa-contentcarousel-item-description">Reliable price assessments for European diesel reflecting today’s trade flows.</p></div><span class="cta undefined qa-contentcarousel-item-cta">Find out more</span></a></div><div><a class="ContentCarousel_card__dJMK_ qa-contentcarousel-items" href="/en/methodology/key-commodity-prices/argus-eurobob-oxy-gasoline"><div><h3 class="h4 qa-contentcarousel-item-title">Argus Eurobob oxy gasoline</h3><p class="ContentCarousel_text__B6H_a qa-contentcarousel-item-description">Benchmark for E5 gasoline transactions throughout northwest Europe.</p></div><span class="cta undefined qa-contentcarousel-item-cta">Find out more</span></a></div></div></div><button class="Carousel_prev__5_kOz qa-pagination-prev" aria-controls="prices" aria-label="Previous"><svg xmlns="http://www.w3.org/2000/svg" width="28.647" height="51.637" class="Carousel_arrow__vfjw1 qa-cardcarousel-arrow"><path fill="none" stroke="#33beee" stroke-linecap="round" stroke-width="4" d="m25.819 2.828-22.99 22.99 22.99 22.99"></path></svg></button><button class="Carousel_next__WkTXW qa-pagination-next" aria-controls="prices" aria-label="Next"><svg xmlns="http://www.w3.org/2000/svg" width="28.647" height="51.637" class="Carousel_arrow__vfjw1 qa-cardcarousel-arrow"><path fill="none" stroke="#33beee" stroke-linecap="round" stroke-width="4" d="m25.819 2.828-22.99 22.99 22.99 22.99"></path></svg></button></div></div><div class="col-12 d-lg-none"><div class="Carousel_carousel__cxmDM pagination qa-slide-pagination"><div class="Carousel_viewport__hzjLs"><div class="Carousel_slides__11lIX"><div><a class="ContentCarousel_card__dJMK_ qa-contentcarousel-items" href="/en/methodology/key-commodity-prices/gasoil-diesel-50ppm-fob-offshore-lome-sts-cargo"><div><h3 class="h4 qa-contentcarousel-item-title">Gasoil diesel 50ppm fob offshore Lome STS cargo</h3><p class="ContentCarousel_text__B6H_a qa-contentcarousel-item-description">The market’s first and only price assessment of low sulphur gasoil cargo for West Africa.</p></div><span class="cta undefined qa-contentcarousel-item-cta">Find out more</span></a><a class="ContentCarousel_card__dJMK_ qa-contentcarousel-items" href="/en/methodology/key-commodity-prices/argus-us-gulf-colonial-pipeline-cbob"><div><h3 class="h4 qa-contentcarousel-item-title">Argus US Gulf Colonial pipeline Cbob</h3><p class="ContentCarousel_text__B6H_a qa-contentcarousel-item-description">Industry-leading price assessments for the most physical liquid gasoline market in the world.</p></div><span class="cta undefined qa-contentcarousel-item-cta">Find out more</span></a></div><div><a class="ContentCarousel_card__dJMK_ qa-contentcarousel-items" href="/en/methodology/key-commodity-prices/argus-us-gulf-colonial-pipeline-87-conventional-gasoline"><div><h3 class="h4 qa-contentcarousel-item-title">Argus US Gulf Colonial pipeline 87 conventional gasoline</h3><p class="ContentCarousel_text__B6H_a qa-contentcarousel-item-description">Captures the true value of this fuel, primarily used for exports or domestic blending.</p></div><span class="cta undefined qa-contentcarousel-item-cta">Find out more</span></a><a class="ContentCarousel_card__dJMK_ qa-contentcarousel-items" href="/en/methodology/key-commodity-prices/argus-us-colonial-pipeline-ulsd"><div><h3 class="h4 qa-contentcarousel-item-title">Argus US Colonial pipeline ULSD</h3><p class="ContentCarousel_text__B6H_a qa-contentcarousel-item-description">The key index basis for diesel in the US and across Latin America.</p></div><span class="cta undefined qa-contentcarousel-item-cta">Find out more</span></a></div><div><a class="ContentCarousel_card__dJMK_ qa-contentcarousel-items" href="/en/methodology/key-commodity-prices/argus-rme-biodiesel"><div><h3 class="h4 qa-contentcarousel-item-title">Argus RME biodiesel</h3><p class="ContentCarousel_text__B6H_a qa-contentcarousel-item-description">The Argus RME (rapeseed oil methyl ester) price assessment is a key biofuel benchmark for Europe. The price assessment is used to price swaps and physical deals and in clearing and settlement through exchanges.</p></div><span class="cta undefined qa-contentcarousel-item-cta">Find out more</span></a><a class="ContentCarousel_card__dJMK_ qa-contentcarousel-items" href="/en/methodology/key-commodity-prices/argus-renewable-diesel"><div><h3 class="h4 qa-contentcarousel-item-title">Argus renewable diesel</h3><p class="ContentCarousel_text__B6H_a qa-contentcarousel-item-description">A full suite of comprehensive and reliable prices covering spot markets and margins in North America.</p></div><span class="cta undefined qa-contentcarousel-item-cta">Find out more</span></a></div><div><a class="ContentCarousel_card__dJMK_ qa-contentcarousel-items" href="/en/methodology/key-commodity-prices/argus-red-advanced-fame-0c-cfpp-fob-ara"><div><h3 class="h4 qa-contentcarousel-item-title">Argus RED Advanced Fame 0°C CFPP fob ARA</h3><p class="ContentCarousel_text__B6H_a qa-contentcarousel-item-description">The industry's first daily price assessment for an advanced biodiesel.</p></div><span class="cta undefined qa-contentcarousel-item-cta">Find out more</span></a><a class="ContentCarousel_card__dJMK_ qa-contentcarousel-items" href="/en/methodology/key-commodity-prices/argus-nyh-buckeye-pipeline-cbob-gasoline"><div><h3 class="h4 qa-contentcarousel-item-title">Argus NYH Buckeye pipeline CBOB gasoline</h3><p class="ContentCarousel_text__B6H_a qa-contentcarousel-item-description">Captures the true value of Buckeye pipeline CBOB conventional gasoline out of the New York Harbor.</p></div><span class="cta undefined qa-contentcarousel-item-cta">Find out more</span></a></div><div><a class="ContentCarousel_card__dJMK_ qa-contentcarousel-items" href="/en/methodology/key-commodity-prices/argus-nyh-barge-ulsd"><div><h3 class="h4 qa-contentcarousel-item-title">Argus NYH barge diesel</h3><p class="ContentCarousel_text__B6H_a qa-contentcarousel-item-description">New York Harbor (NYH) is one of the largest clearing markets for diesel in the Atlantic basin. The price of a NYH barge is considered the bellwether of distillate demand in the US Northeast, and underpins several major futures contracts.</p></div><span class="cta undefined qa-contentcarousel-item-cta">Find out more</span></a><a class="ContentCarousel_card__dJMK_ qa-contentcarousel-items" href="/en/methodology/key-commodity-prices/argus-non-oxy-e10-cargo-gasoline"><div><h3 class="h4 qa-contentcarousel-item-title">Argus non-oxy “E10” cargo gasoline</h3><p class="ContentCarousel_text__B6H_a qa-contentcarousel-item-description">Links the UK and northwest European gasoline cargo markets.</p></div><span class="cta undefined qa-contentcarousel-item-cta">Find out more</span></a></div><div><a class="ContentCarousel_card__dJMK_ qa-contentcarousel-items" href="/en/methodology/key-commodity-prices/argus-new-york-harbor-ulsd-buckeye"><div><h3 class="h4 qa-contentcarousel-item-title">Argus New York Harbor ULSD Buckeye</h3><p class="ContentCarousel_text__B6H_a qa-contentcarousel-item-description">Providing pricing for one of the most actively traded fuel markets in North America.</p></div><span class="cta undefined qa-contentcarousel-item-cta">Find out more</span></a><a class="ContentCarousel_card__dJMK_ qa-contentcarousel-items" href="/en/methodology/key-commodity-prices/argus-new-york-harbor-rbob-barge-gasoline"><div><h3 class="h4 qa-contentcarousel-item-title">Argus New York Harbor RBOB barge gasoline</h3><p class="ContentCarousel_text__B6H_a qa-contentcarousel-item-description">NYH barge, the bellwether of distillate demand in the US Northeast.</p></div><span class="cta undefined qa-contentcarousel-item-cta">Find out more</span></a></div><div><a class="ContentCarousel_card__dJMK_ qa-contentcarousel-items" href="/en/methodology/key-commodity-prices/argus-german-diesel-10ppm-cif-hamburg"><div><h3 class="h4 qa-contentcarousel-item-title">Argus German diesel 10ppm cif Hamburg</h3><p class="ContentCarousel_text__B6H_a qa-contentcarousel-item-description">Trusted, representative price capturing the value of diesel cargoes imported to northern Germany.</p></div><span class="cta undefined qa-contentcarousel-item-cta">Find out more</span></a><a class="ContentCarousel_card__dJMK_ qa-contentcarousel-items" href="/en/methodology/key-commodity-prices/argus-fame-0-biodiesel"><div><h3 class="h4 qa-contentcarousel-item-title">Argus FAME Ø biodiesel</h3><p class="ContentCarousel_text__B6H_a qa-contentcarousel-item-description">The most referenced benchmark price for biodiesel in Europe.</p></div><span class="cta undefined qa-contentcarousel-item-cta">Find out more</span></a></div><div><a class="ContentCarousel_card__dJMK_ qa-contentcarousel-items" href="/en/methodology/key-commodity-prices/argus-european-diesel-10ppm"><div><h3 class="h4 qa-contentcarousel-item-title">Argus European Diesel 10ppm</h3><p class="ContentCarousel_text__B6H_a qa-contentcarousel-item-description">Reliable price assessments for European diesel reflecting today’s trade flows.</p></div><span class="cta undefined qa-contentcarousel-item-cta">Find out more</span></a><a class="ContentCarousel_card__dJMK_ qa-contentcarousel-items" href="/en/methodology/key-commodity-prices/argus-eurobob-oxy-gasoline"><div><h3 class="h4 qa-contentcarousel-item-title">Argus Eurobob oxy gasoline</h3><p class="ContentCarousel_text__B6H_a qa-contentcarousel-item-description">Benchmark for E5 gasoline transactions throughout northwest Europe.</p></div><span class="cta undefined qa-contentcarousel-item-cta">Find out more</span></a></div><div class="qa-slide-items current"><a class="ContentCarousel_card__dJMK_ qa-contentcarousel-items" href="/en/methodology/key-commodity-prices/gasoil-diesel-50ppm-fob-offshore-lome-sts-cargo"><div><h3 class="h4 qa-contentcarousel-item-title">Gasoil diesel 50ppm fob offshore Lome STS cargo</h3><p class="ContentCarousel_text__B6H_a qa-contentcarousel-item-description">The market’s first and only price assessment of low sulphur gasoil cargo for West Africa.</p></div><span class="cta undefined qa-contentcarousel-item-cta">Find out more</span></a><a class="ContentCarousel_card__dJMK_ qa-contentcarousel-items" href="/en/methodology/key-commodity-prices/argus-us-gulf-colonial-pipeline-cbob"><div><h3 class="h4 qa-contentcarousel-item-title">Argus US Gulf Colonial pipeline Cbob</h3><p class="ContentCarousel_text__B6H_a qa-contentcarousel-item-description">Industry-leading price assessments for the most physical liquid gasoline market in the world.</p></div><span class="cta undefined qa-contentcarousel-item-cta">Find out more</span></a></div><div class="qa-slide-items "><a class="ContentCarousel_card__dJMK_ qa-contentcarousel-items" href="/en/methodology/key-commodity-prices/argus-us-gulf-colonial-pipeline-87-conventional-gasoline"><div><h3 class="h4 qa-contentcarousel-item-title">Argus US Gulf Colonial pipeline 87 conventional gasoline</h3><p class="ContentCarousel_text__B6H_a qa-contentcarousel-item-description">Captures the true value of this fuel, primarily used for exports or domestic blending.</p></div><span class="cta undefined qa-contentcarousel-item-cta">Find out more</span></a><a class="ContentCarousel_card__dJMK_ qa-contentcarousel-items" href="/en/methodology/key-commodity-prices/argus-us-colonial-pipeline-ulsd"><div><h3 class="h4 qa-contentcarousel-item-title">Argus US Colonial pipeline ULSD</h3><p class="ContentCarousel_text__B6H_a qa-contentcarousel-item-description">The key index basis for diesel in the US and across Latin America.</p></div><span class="cta undefined qa-contentcarousel-item-cta">Find out more</span></a></div><div class="qa-slide-items "><a class="ContentCarousel_card__dJMK_ qa-contentcarousel-items" href="/en/methodology/key-commodity-prices/argus-rme-biodiesel"><div><h3 class="h4 qa-contentcarousel-item-title">Argus RME biodiesel</h3><p class="ContentCarousel_text__B6H_a qa-contentcarousel-item-description">The Argus RME (rapeseed oil methyl ester) price assessment is a key biofuel benchmark for Europe. The price assessment is used to price swaps and physical deals and in clearing and settlement through exchanges.</p></div><span class="cta undefined qa-contentcarousel-item-cta">Find out more</span></a><a class="ContentCarousel_card__dJMK_ qa-contentcarousel-items" href="/en/methodology/key-commodity-prices/argus-renewable-diesel"><div><h3 class="h4 qa-contentcarousel-item-title">Argus renewable diesel</h3><p class="ContentCarousel_text__B6H_a qa-contentcarousel-item-description">A full suite of comprehensive and reliable prices covering spot markets and margins in North America.</p></div><span class="cta undefined qa-contentcarousel-item-cta">Find out more</span></a></div><div class="qa-slide-items "><a class="ContentCarousel_card__dJMK_ qa-contentcarousel-items" href="/en/methodology/key-commodity-prices/argus-red-advanced-fame-0c-cfpp-fob-ara"><div><h3 class="h4 qa-contentcarousel-item-title">Argus RED Advanced Fame 0°C CFPP fob ARA</h3><p class="ContentCarousel_text__B6H_a qa-contentcarousel-item-description">The industry's first daily price assessment for an advanced biodiesel.</p></div><span class="cta undefined qa-contentcarousel-item-cta">Find out more</span></a><a class="ContentCarousel_card__dJMK_ qa-contentcarousel-items" href="/en/methodology/key-commodity-prices/argus-nyh-buckeye-pipeline-cbob-gasoline"><div><h3 class="h4 qa-contentcarousel-item-title">Argus NYH Buckeye pipeline CBOB gasoline</h3><p class="ContentCarousel_text__B6H_a qa-contentcarousel-item-description">Captures the true value of Buckeye pipeline CBOB conventional gasoline out of the New York Harbor.</p></div><span class="cta undefined qa-contentcarousel-item-cta">Find out more</span></a></div><div class="qa-slide-items "><a class="ContentCarousel_card__dJMK_ qa-contentcarousel-items" href="/en/methodology/key-commodity-prices/argus-nyh-barge-ulsd"><div><h3 class="h4 qa-contentcarousel-item-title">Argus NYH barge diesel</h3><p class="ContentCarousel_text__B6H_a qa-contentcarousel-item-description">New York Harbor (NYH) is one of the largest clearing markets for diesel in the Atlantic basin. The price of a NYH barge is considered the bellwether of distillate demand in the US Northeast, and underpins several major futures contracts.</p></div><span class="cta undefined qa-contentcarousel-item-cta">Find out more</span></a><a class="ContentCarousel_card__dJMK_ qa-contentcarousel-items" href="/en/methodology/key-commodity-prices/argus-non-oxy-e10-cargo-gasoline"><div><h3 class="h4 qa-contentcarousel-item-title">Argus non-oxy “E10” cargo gasoline</h3><p class="ContentCarousel_text__B6H_a qa-contentcarousel-item-description">Links the UK and northwest European gasoline cargo markets.</p></div><span class="cta undefined qa-contentcarousel-item-cta">Find out more</span></a></div><div class="qa-slide-items "><a class="ContentCarousel_card__dJMK_ qa-contentcarousel-items" href="/en/methodology/key-commodity-prices/argus-new-york-harbor-ulsd-buckeye"><div><h3 class="h4 qa-contentcarousel-item-title">Argus New York Harbor ULSD Buckeye</h3><p class="ContentCarousel_text__B6H_a qa-contentcarousel-item-description">Providing pricing for one of the most actively traded fuel markets in North America.</p></div><span class="cta undefined qa-contentcarousel-item-cta">Find out more</span></a><a class="ContentCarousel_card__dJMK_ qa-contentcarousel-items" href="/en/methodology/key-commodity-prices/argus-new-york-harbor-rbob-barge-gasoline"><div><h3 class="h4 qa-contentcarousel-item-title">Argus New York Harbor RBOB barge gasoline</h3><p class="ContentCarousel_text__B6H_a qa-contentcarousel-item-description">NYH barge, the bellwether of distillate demand in the US Northeast.</p></div><span class="cta undefined qa-contentcarousel-item-cta">Find out more</span></a></div><div class="qa-slide-items "><a class="ContentCarousel_card__dJMK_ qa-contentcarousel-items" href="/en/methodology/key-commodity-prices/argus-german-diesel-10ppm-cif-hamburg"><div><h3 class="h4 qa-contentcarousel-item-title">Argus German diesel 10ppm cif Hamburg</h3><p class="ContentCarousel_text__B6H_a qa-contentcarousel-item-description">Trusted, representative price capturing the value of diesel cargoes imported to northern Germany.</p></div><span class="cta undefined qa-contentcarousel-item-cta">Find out more</span></a><a class="ContentCarousel_card__dJMK_ qa-contentcarousel-items" href="/en/methodology/key-commodity-prices/argus-fame-0-biodiesel"><div><h3 class="h4 qa-contentcarousel-item-title">Argus FAME Ø biodiesel</h3><p class="ContentCarousel_text__B6H_a qa-contentcarousel-item-description">The most referenced benchmark price for biodiesel in Europe.</p></div><span class="cta undefined qa-contentcarousel-item-cta">Find out more</span></a></div><div class="qa-slide-items "><a class="ContentCarousel_card__dJMK_ qa-contentcarousel-items" href="/en/methodology/key-commodity-prices/argus-european-diesel-10ppm"><div><h3 class="h4 qa-contentcarousel-item-title">Argus European Diesel 10ppm</h3><p class="ContentCarousel_text__B6H_a qa-contentcarousel-item-description">Reliable price assessments for European diesel reflecting today’s trade flows.</p></div><span class="cta undefined qa-contentcarousel-item-cta">Find out more</span></a><a class="ContentCarousel_card__dJMK_ qa-contentcarousel-items" href="/en/methodology/key-commodity-prices/argus-eurobob-oxy-gasoline"><div><h3 class="h4 qa-contentcarousel-item-title">Argus Eurobob oxy gasoline</h3><p class="ContentCarousel_text__B6H_a qa-contentcarousel-item-description">Benchmark for E5 gasoline transactions throughout northwest Europe.</p></div><span class="cta undefined qa-contentcarousel-item-cta">Find out more</span></a></div><div><a class="ContentCarousel_card__dJMK_ qa-contentcarousel-items" href="/en/methodology/key-commodity-prices/gasoil-diesel-50ppm-fob-offshore-lome-sts-cargo"><div><h3 class="h4 qa-contentcarousel-item-title">Gasoil diesel 50ppm fob offshore Lome STS cargo</h3><p class="ContentCarousel_text__B6H_a qa-contentcarousel-item-description">The market’s first and only price assessment of low sulphur gasoil cargo for West Africa.</p></div><span class="cta undefined qa-contentcarousel-item-cta">Find out more</span></a><a class="ContentCarousel_card__dJMK_ qa-contentcarousel-items" href="/en/methodology/key-commodity-prices/argus-us-gulf-colonial-pipeline-cbob"><div><h3 class="h4 qa-contentcarousel-item-title">Argus US Gulf Colonial pipeline Cbob</h3><p class="ContentCarousel_text__B6H_a qa-contentcarousel-item-description">Industry-leading price assessments for the most physical liquid gasoline market in the world.</p></div><span class="cta undefined qa-contentcarousel-item-cta">Find out more</span></a></div><div><a class="ContentCarousel_card__dJMK_ qa-contentcarousel-items" href="/en/methodology/key-commodity-prices/argus-us-gulf-colonial-pipeline-87-conventional-gasoline"><div><h3 class="h4 qa-contentcarousel-item-title">Argus US Gulf Colonial pipeline 87 conventional gasoline</h3><p class="ContentCarousel_text__B6H_a qa-contentcarousel-item-description">Captures the true value of this fuel, primarily used for exports or domestic blending.</p></div><span class="cta undefined qa-contentcarousel-item-cta">Find out more</span></a><a class="ContentCarousel_card__dJMK_ qa-contentcarousel-items" href="/en/methodology/key-commodity-prices/argus-us-colonial-pipeline-ulsd"><div><h3 class="h4 qa-contentcarousel-item-title">Argus US Colonial pipeline ULSD</h3><p class="ContentCarousel_text__B6H_a qa-contentcarousel-item-description">The key index basis for diesel in the US and across Latin America.</p></div><span class="cta undefined qa-contentcarousel-item-cta">Find out more</span></a></div><div><a class="ContentCarousel_card__dJMK_ qa-contentcarousel-items" href="/en/methodology/key-commodity-prices/argus-rme-biodiesel"><div><h3 class="h4 qa-contentcarousel-item-title">Argus RME biodiesel</h3><p class="ContentCarousel_text__B6H_a qa-contentcarousel-item-description">The Argus RME (rapeseed oil methyl ester) price assessment is a key biofuel benchmark for Europe. The price assessment is used to price swaps and physical deals and in clearing and settlement through exchanges.</p></div><span class="cta undefined qa-contentcarousel-item-cta">Find out more</span></a><a class="ContentCarousel_card__dJMK_ qa-contentcarousel-items" href="/en/methodology/key-commodity-prices/argus-renewable-diesel"><div><h3 class="h4 qa-contentcarousel-item-title">Argus renewable diesel</h3><p class="ContentCarousel_text__B6H_a qa-contentcarousel-item-description">A full suite of comprehensive and reliable prices covering spot markets and margins in North America.</p></div><span class="cta undefined qa-contentcarousel-item-cta">Find out more</span></a></div><div><a class="ContentCarousel_card__dJMK_ qa-contentcarousel-items" href="/en/methodology/key-commodity-prices/argus-red-advanced-fame-0c-cfpp-fob-ara"><div><h3 class="h4 qa-contentcarousel-item-title">Argus RED Advanced Fame 0°C CFPP fob ARA</h3><p class="ContentCarousel_text__B6H_a qa-contentcarousel-item-description">The industry's first daily price assessment for an advanced biodiesel.</p></div><span class="cta undefined qa-contentcarousel-item-cta">Find out more</span></a><a class="ContentCarousel_card__dJMK_ qa-contentcarousel-items" href="/en/methodology/key-commodity-prices/argus-nyh-buckeye-pipeline-cbob-gasoline"><div><h3 class="h4 qa-contentcarousel-item-title">Argus NYH Buckeye pipeline CBOB gasoline</h3><p class="ContentCarousel_text__B6H_a qa-contentcarousel-item-description">Captures the true value of Buckeye pipeline CBOB conventional gasoline out of the New York Harbor.</p></div><span class="cta undefined qa-contentcarousel-item-cta">Find out more</span></a></div><div><a class="ContentCarousel_card__dJMK_ qa-contentcarousel-items" href="/en/methodology/key-commodity-prices/argus-nyh-barge-ulsd"><div><h3 class="h4 qa-contentcarousel-item-title">Argus NYH barge diesel</h3><p class="ContentCarousel_text__B6H_a qa-contentcarousel-item-description">New York Harbor (NYH) is one of the largest clearing markets for diesel in the Atlantic basin. The price of a NYH barge is considered the bellwether of distillate demand in the US Northeast, and underpins several major futures contracts.</p></div><span class="cta undefined qa-contentcarousel-item-cta">Find out more</span></a><a class="ContentCarousel_card__dJMK_ qa-contentcarousel-items" href="/en/methodology/key-commodity-prices/argus-non-oxy-e10-cargo-gasoline"><div><h3 class="h4 qa-contentcarousel-item-title">Argus non-oxy “E10” cargo gasoline</h3><p class="ContentCarousel_text__B6H_a qa-contentcarousel-item-description">Links the UK and northwest European gasoline cargo markets.</p></div><span class="cta undefined qa-contentcarousel-item-cta">Find out more</span></a></div><div><a class="ContentCarousel_card__dJMK_ qa-contentcarousel-items" href="/en/methodology/key-commodity-prices/argus-new-york-harbor-ulsd-buckeye"><div><h3 class="h4 qa-contentcarousel-item-title">Argus New York Harbor ULSD Buckeye</h3><p class="ContentCarousel_text__B6H_a qa-contentcarousel-item-description">Providing pricing for one of the most actively traded fuel markets in North America.</p></div><span class="cta undefined qa-contentcarousel-item-cta">Find out more</span></a><a class="ContentCarousel_card__dJMK_ qa-contentcarousel-items" href="/en/methodology/key-commodity-prices/argus-new-york-harbor-rbob-barge-gasoline"><div><h3 class="h4 qa-contentcarousel-item-title">Argus New York Harbor RBOB barge gasoline</h3><p class="ContentCarousel_text__B6H_a qa-contentcarousel-item-description">NYH barge, the bellwether of distillate demand in the US Northeast.</p></div><span class="cta undefined qa-contentcarousel-item-cta">Find out more</span></a></div><div><a class="ContentCarousel_card__dJMK_ qa-contentcarousel-items" href="/en/methodology/key-commodity-prices/argus-german-diesel-10ppm-cif-hamburg"><div><h3 class="h4 qa-contentcarousel-item-title">Argus German diesel 10ppm cif Hamburg</h3><p class="ContentCarousel_text__B6H_a qa-contentcarousel-item-description">Trusted, representative price capturing the value of diesel cargoes imported to northern Germany.</p></div><span class="cta undefined qa-contentcarousel-item-cta">Find out more</span></a><a class="ContentCarousel_card__dJMK_ qa-contentcarousel-items" href="/en/methodology/key-commodity-prices/argus-fame-0-biodiesel"><div><h3 class="h4 qa-contentcarousel-item-title">Argus FAME Ø biodiesel</h3><p class="ContentCarousel_text__B6H_a qa-contentcarousel-item-description">The most referenced benchmark price for biodiesel in Europe.</p></div><span class="cta undefined qa-contentcarousel-item-cta">Find out more</span></a></div><div><a class="ContentCarousel_card__dJMK_ qa-contentcarousel-items" href="/en/methodology/key-commodity-prices/argus-european-diesel-10ppm"><div><h3 class="h4 qa-contentcarousel-item-title">Argus European Diesel 10ppm</h3><p class="ContentCarousel_text__B6H_a qa-contentcarousel-item-description">Reliable price assessments for European diesel reflecting today’s trade flows.</p></div><span class="cta undefined qa-contentcarousel-item-cta">Find out more</span></a><a class="ContentCarousel_card__dJMK_ qa-contentcarousel-items" href="/en/methodology/key-commodity-prices/argus-eurobob-oxy-gasoline"><div><h3 class="h4 qa-contentcarousel-item-title">Argus Eurobob oxy gasoline</h3><p class="ContentCarousel_text__B6H_a qa-contentcarousel-item-description">Benchmark for E5 gasoline transactions throughout northwest Europe.</p></div><span class="cta undefined qa-contentcarousel-item-cta">Find out more</span></a></div></div></div><nav class="Carousel_pagination___SjwB" aria-controls="prices"><button type="button" class="Carousel_pageButton__5PWho current qa-slide-button"><span class="visually-hidden">0</span></button><button type="button" class="Carousel_pageButton__5PWho qa-slide-button"><span class="visually-hidden">1</span></button><button type="button" class="Carousel_pageButton__5PWho qa-slide-button"><span 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class="container"><div class="row"><div class="col-12 col-lg-7"><h2 class="qa-combinedfeed-title section-heading">Related events</h2></div></div><div aria-live="polite" class="Tabs_tabs__tVXxO secondary"><div class="qa-tabspanel-list Tabs_panel__uEe2n current" role="tabpanel"><div class="row"><div class="col-12 col-lg-7"><div class="Events_primary__3LFXb row"><div class="col-12 col-lg-6"><a class="qa-combinedfeed-primary-item Events_link__fG2Qa grey" target="_self" href="/en/events/conferences/biofuels-and-feedstocks-asia-conference"><img alt="Argus Biofuels & Feedstocks Asia Conference" loading="lazy" width="774" height="370" decoding="async" data-nimg="1" class="Events_image__kChfG d-none d-lg-block" style="color:transparent" srcSet="/_next/image?url=%2F-%2Fmedia%2Fproject%2Fargusmedia%2Fmainsite%2Fenglish%2Fimages%2Fevents%2Fconferences%2Fhero-images%2Fsg-skyline-1920x-600.jpg%3Frev%3D93077af71289448a9f918e1307c509b9%26hash%3DF0F455F791A8A282ACC35670FECCC4EF&w=828&q=75 1x, /_next/image?url=%2F-%2Fmedia%2Fproject%2Fargusmedia%2Fmainsite%2Fenglish%2Fimages%2Fevents%2Fconferences%2Fhero-images%2Fsg-skyline-1920x-600.jpg%3Frev%3D93077af71289448a9f918e1307c509b9%26hash%3DF0F455F791A8A282ACC35670FECCC4EF&w=1920&q=75 2x" src="/_next/image?url=%2F-%2Fmedia%2Fproject%2Fargusmedia%2Fmainsite%2Fenglish%2Fimages%2Fevents%2Fconferences%2Fhero-images%2Fsg-skyline-1920x-600.jpg%3Frev%3D93077af71289448a9f918e1307c509b9%26hash%3DF0F455F791A8A282ACC35670FECCC4EF&w=1920&q=75"/><div class="Events_inner__eThtb"><div class="qa-combinedfeed-item-date sub-heading h3">22-24 April 2025</div><h3 class="qa-combinedfeed-item-title Events_title__MMPSB">Argus Biofuels & Feedstocks Asia Conference</h3><hr class="Events_hr__Mj_28"/><div class="qa-combinedfeed-item-location Events_location__umo8j sub-heading h3">Singapore</div></div></a></div><div class="col-12 col-lg-6"><a class="qa-combinedfeed-primary-item Events_link__fG2Qa grey" target="_self" 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src="/_next/image?url=%2F-%2Fmedia%2Fproject%2Fargusmedia%2Fmainsite%2Fenglish%2Fimages%2Fevents%2Fconferences%2Fhero-images%2Fsao-paulo-1920x600.jpg%3Frev%3D498ce120cb3944bd899d647460691bbd%26hash%3D64BD76413CB2DD622E0A50AE7E35E907&w=1920&q=75"/><div class="Events_inner__eThtb"><div class="qa-combinedfeed-item-date sub-heading h3">25-26 June 2025</div><h3 class="qa-combinedfeed-item-title Events_title__MMPSB">Argus Biofuels & Feedstocks Latin America Conference</h3><hr class="Events_hr__Mj_28"/><div class="qa-combinedfeed-item-location Events_location__umo8j sub-heading h3">São Paulo, Brazil</div></div></a></div></div></div><div class="col-12 col-lg-5"><div class="Events_secondaryGroup__L8tac"><a class="qa-combinedfeed-secondary-item Events_link__fG2Qa grey" target="_self" href="/en/events/conferences/north-american-biofuels-lcfs-carbon-markets-summit"><div class="Events_inner__eThtb d-none d-lg-flex"><div class="qa-combinedfeed-item-date undefined h5">15-17 September 2025</div><h3 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Singapore's light distillates stocks rose to a seven-week high, boosted by increased naphtha imports and an onslaught of gasoline cargoes from Saudi Arabia into the city-state. Naphtha imports rose by 21pc on the week to 1.98mn bl. Kuwait, India, and the UAE were the top three suppliers to Singapore this week. Kuwait likely exported more naphtha to Asia this month, as an issue at its reformer resulted in more spare naphtha on hand for exports. More Saudi Arabian gasoline cargoes entered Singapore, adding to stocks. Singapore received another 800,000 bl of gasoline from the Mideast Gulf nation after already receiving similar volumes last week. Middle distillates stocks rose further to a six-week high, as jet fuel exports fell while imports rose. Swing supplies of jet fuel continued to arrive from India, with a 494,000 bl India jet fuel cargo imported into Singapore in the past week. Singapore's onshore fuel oil inventories retreated to a three-week low after climbing for two consecutive weeks, as imports fell sharply this week. But total inventories for November remained marginally higher at 17.78 mn bl,compared to 17.55 mn bl last month. Brazil, Indonesia, and Iraq were the top origin countries for fuel oil arrivals, while the majority of exports were bound for the Philippines and Hong Kong. No exports were recorded to China this week. By Aldric Chew, Asill Bardh, Cara Wong and Lu Yawen Singapore onshore stocks (week to 20 November '24) Volume ± w-o-w ± w-o-w (%) Light distillates Stocks 15.16 1.04 7.37 Naphtha imports 1.98 0.35 21.36 Naphtha exports 0.61 0.60 8,689.57 Gasoline imports 3.04 -0.53 -14.91 Gasoline exports 4.74 -0.35 -6.91 Middle distillates Stocks 10.27 0.63 6.56 Gasoil imports 0.61 -1.12 -64.79 Gasoil exports 3.48 1.36 63.82 Jet fuel imports 0.5 0.1 39.34 Jet fuel exports 0.20 -0.28 -58.34 Residual fuels Stocks 16.98 -1.37 -7.45 Fuel oil imports 2.19 -4.36 -66.61 Fuel oil exports 1.23 -2.04 -62.53 Source: Enterprise Singapore Send comments and request more information at feedback@argusmedia.com Copyright © 2024. Argus Media group . All rights reserved.","links":[{"rel":"article","href":"https://api.argusmedia.com/articles/2631500"}],"tags":null,"taxonomy":null,"id":2631500,"language":"en-GB","body":null},{"type":"News","datePublished":"2024-11-20T19:56:22Z","headline":"Mexico to keep some energy regulator independence","summary":"Mexico City, 20 November (Argus) — Mexico's lower house constitutional affairs commission changed its draft bill on eliminating independent regulators to keep the energy regulatory commission (CRE) independent on technical issues even after the energy ministry absorbs it. In an earlier draft, respective ministries would take over the functions of previously independent regulators. With the change, CRE will become a \"decentralized body,\" said President Claudia Sheinbaum. It will retain technical independence but will no longer be an autonomous regulator able to set its budget, the president added. Sheinbaum did not mention hydrocarbons regulator CNH, which could take up a similar position as CRE. Antitrust watchdog Cofece and telecommunications regulator IFT would become similarly decentralized bodies with technical independence from the economy ministry. Transparency watchdog Inai will disappear but a new anticorruption ministry will take over its functions. Inai in recent years has forced state-owned oil company Pemex to release more detailed data about harmful emissions and fuel theft, among other issues. Mexico's independent regulators and watchdogs still formed part of the 2025 budget proposal the government revealed this week. The actual independence of Mexico's energy regulators has been questioned since the previous government, as the number of permits granted by CRE to private companies has dropped in favor of state-owned companies . Critics have raised concerns regarding the bill, arguing it will destabilize Mexico's balance of power and undermine investor confidence. The proposal also fueled concerns that this change could weaken Mexico's standing in the 2026 review of the US-Mexico-Canada free trade agreement (USMCA), as the US and Canada may see the exit of independent regulators as a risk to their business interests in Mexico. Sheinbaum said she met with US president Joe Biden and Canadian president Justin Trudeau during the G20 summit and discussed the importance of the USMCA. She did not mention any concerns the trade partners had regarding the bill. Morena previously tried to absorb the independent regulators early on during the previous administration. The ruling party saw its efforts strained because it lacked the two-thirds supermajority required to pass constitutional changes. Morena and its allies are now expected to secure the votes swiftly, as they have passed other constitutional reforms in the previous weeks. By Cas Biekmann Send comments and request more information at feedback@argusmedia.com Copyright © 2024. Argus Media group . All rights reserved.","links":[{"rel":"article","href":"https://api.argusmedia.com/articles/2630880"}],"tags":null,"taxonomy":null,"id":2630880,"language":"en-GB","body":null},{"type":"News","datePublished":"2024-11-11T14:06:25Z","headline":"German oil supply holds as refinery work continues","summary":"Hamburg, 11 November (Argus) — Oil product supply in Germany remains high even though a delayed end to the autumn refinery maintenance season has cut regional production. Germany's refining sector had seemed poised to finish its maintenance season at the end of October as scheduled, but the Miro and Bayernoil consortiums took catalytic hydro-desulphurisation units offline at their respective 310,000 b/d Karlsruhe refinery and the Neustadt site of the 215,000 b/d Vohburg-Neustadt refinery, both in southern Germany, at the start of November for unplanned maintenance works. Production of distillates is restricted at both refineries, leading to a drop in local supply. It is unknown when supply in Karlsruhe will return to normal levels. Local traders said supply at Neustadt will be restricted until 19 November. TotalEnergies' 240,000 b/d Leuna refinery in southeastern Germany faced some technical difficulties after maintenance works at the end of October. This delayed a return to normal production levels, and suppliers restricted sales of heating oil and road fuels in the past week as inventories were running low. The restrictions were lifted on 8 November. The rest of Germany's 11 refineries are producing normally, and diesel imports into northern ports remain high. Demand for heating oil and diesel is relatively low. Traded diesel volumes reported to Argus were almost half in the week to 7 November compared with the last week of October, and heating oil volumes fell by about 50pc at the same time. Supply remains high enough to meet demand despite the locally reduced production. By Natalie Müller Send comments and request more information at feedback@argusmedia.com Copyright © 2024. Argus Media group . All rights reserved.","links":[{"rel":"article","href":"https://api.argusmedia.com/articles/2627405"}],"tags":null,"taxonomy":null,"id":2627405,"language":"en-GB","body":null},{"type":"News","datePublished":"2024-11-06T15:06:58Z","headline":"Iran sounds alarm on gasoline shortage","summary":"Dubai, 6 November (Argus) — The new Iranian government has sounded the alarm on an emerging gasoline shortage that looks set to get worse unless new policies are introduced to clamp down on runaway demand growth. Presenting a draft budget for the Iranian year starting on 20 March 2025, Iran's President Masoud Pezeshkian criticised the existing gasoline rationing system, calling it one of the major hurdles for the proposed bill. Iran has, since 2007, allowed citizens to buy base levels of gasoline at subsidised prices and any additional at a higher price. But the system failed to cap demand and imports sufficiently. In the proposed budget the government has signalled plans to ease shortages, but increasing prices is not on the agenda. A cut to subsidies in 2019 sparked nation-wide protests . \"Today the cost of [producing] gasoline — which includes refining costs, transportation costs, and gas station maintenance costs — is about 8000 tomans (80,000 rials),\" Pezeshkian said. But consumers only pay 7.5pc of the actual price of gasoline, according to Iran's oil ministry. Iran's gasoline consumption has reached a record high of around 750,000 b/d in the first seven months of the Iranian year that began on 20 March, according to the ministry. Domestic refinery capacity of 670,000 b/d has been unable to satisfy this. To bridge the gap Iran has turned to imports, which has not been easy for the heavily sanctioned country that buys the fuel at market prices. \"Around 90 trillion tomans [$1.3bn at the free market rate] was spent to import gasoline this year, which could be increased to 130 trillion tomans [$1.9bn] next year if the [demand growth] trend continues,\" Pezeshkian warned. Supply-side response If Tehran is unwilling to raise pump prices it will have to add more supply. Work in underway to bringing online an additional fourth train at the Persian Gulf Star (PGS) condensate splitter, and on a 60,000 b/d splitter that made up just one part of the now shelved Siraf project. Consultancy FGE expects these projects to be commissioned by the end of 2025 or early 2026 and \"potentially close the gap.\" The newly-appointed head of state-owned refining company NIORDC, Mohammad Sadegh Azimifar, said using CNG-powered vehicles could reduce the need for more gasoline production. \"There are good legal capacities in the country for the development of CNG, including the approval of the energy optimization fund,\" he said. But CNG has lower mileage and energy content, and CNG filling stations are beset with long queues. \"If you have a CNG car, you can only drive it for a day and one will have to wait in long queues to get it refilled, only for it to last for another day\", said FGE's Middle East managing director Iman Nasseri. Iran has sufficient reserves of natural gas and LPG, but both of these failed to emerge as a good alternative fuel, he said. The Pezeshkian administration has repeated calls to increase use of public transport and modernise the country's vehicle fleet. But metros and buses are being utilised at maximum capacity and private vehicles are a favourable option in a country with the second-most discounted fuel prices in the world, Nasseri said. Iran is yet to tackle rampant fuel smuggling, with market sources indicating gasoline continues to be illegally shipped to neighbouring countries like Pakistan, Afghanistan and Kazakhstan. Earlier this week, authorities seized around 220,000l of smuggled fuel in several warehouses in Mashhad. While the administration strongly rebukes subsidies, with new vice president Mohammad Reza Aref calling them \"unreasonable\", they continue to look at solutions that does not include any increase in retail prices, in fear of a repeat of the 2019 protests. But with a lack of infrastructure to capitalize on CNG and limitations in public transportation system, the government may have no choice but to reconsider. By Rithika Krishna Send comments and request more information at feedback@argusmedia.com Copyright © 2024. Argus Media group . All rights reserved.","links":[{"rel":"article","href":"https://api.argusmedia.com/articles/2625774"}],"tags":null,"taxonomy":null,"id":2625774,"language":"en-GB","body":null},{"type":"News","datePublished":"2024-10-28T21:21:05Z","headline":"Mexico loads up on US Gulf coast fuel","summary":"Mexico City, 28 October (Argus) — Mexico is ramping up gasoline and diesel imports from the US Gulf coast as the year-end holiday season approaches, signaling a likely decrease in domestic refinery runs. Mexican state-owned Pemex's trading arm PMI last week put at least six MR tankers on subjects for US Gulf coast-east coast Mexico voyages amid 20-month low freight rates . One of the tankers, the Seaways Kolberg , departed on 25 October to the Tuxpan port in Veracruz, carrying about 285,000 bl of ultra-low sulphur diesel (ULSD), preliminary Vortexa data show. Two more tankers, the Coetivy and Gerakas, are expected to depart early this week to east coast Mexico, carrying a total of about 487,000 bl of gasoline. The push follows a recent drop in imports during the peak of the hurricane season, when shipments were curtailed by storm-related disruptions. The rise also reflects potential challenges within Mexico's refining system. At least three of Pemex's seven domestic refineries have undergone planned maintenance this month, including the 330,000 b/d Salina Cruz refinery, according to market sources. Additionally, the new 340,000 b/d Olmeca refinery stopped processing crude for most of October, as its crude distillation unit (CDU) again experienced issues. Minatitlan and Cadereyta refineries will undergo CDU maintenance, taking down as much as 270,000 b/d of crude processing in the first week of November, according to market sources. President Claudia Sheinbaum's administration inherited the unfulfilled goal of gasoline and diesel self-sufficiency. While Mexico has increased fuel output at its domestic refineries, the country still relies on imports for over 60pc of its gasoline and diesel demand, mainly from the US Gulf coast. Mexico's fuel imports will likely increase in the coming weeks, as November and December traditionally bring a spike in fuel demand in the country, with holiday travel and seasonal festivities driving up consumption. By Antonio Gozain Send comments and request more information at feedback@argusmedia.com Copyright © 2024. Argus Media group . All rights reserved.","links":[{"rel":"article","href":"https://api.argusmedia.com/articles/2622801"}],"tags":null,"taxonomy":null,"id":2622801,"language":"en-GB","body":null}],"itemsCursor":null}]}}},"__N_SSG":true},"page":"/[[...path]]","query":{"path":["commodities","road-fuels"]},"buildId":"61995","assetPrefix":"https://www.argusmedia.com","isFallback":false,"isExperimentalCompile":false,"gsp":true,"locale":"en","locales":["default","en","es","zh","ru","pt","ja","fr","de"],"defaultLocale":"default","scriptLoader":[]}</script></body></html>