Diesel Shortage Brings Much Uncertainty

As diesel and distillate inventory levels continue to decline, countries are scrambling to make necessary adjustments. The rise in demand extends beyond our domestic borders, as Europe faces its own set of obstacles. The war in Ukraine presents the biggest challenge, and with the impending embargo on Russian oil in 2023, there is no end […]

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Europe’s Mounting Energy Crisis

As the energy crisis continues, Europe is warning that its citizens need to be prepared for a total gas shutdown from Russia. While their storage sits at 88%, 8% higher than their original goal, serious concerns still linger. The French strike has taken 60% of its refining capacity offline, planned maintenance will shut down another […]

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German Oil Control        

Three Russian oil refineries have come under German oil control, in order to regulate supply of diesel and gasoline products. This is likely an attempt to help soften the energy blow in Europe due to the Russian Invasion in Ukraine earlier this year. Not only has physical supply been tight in Europe since the Russian invasion, but […]

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Rising Gasoline Prices This Winter

Treasury Secretary Janet Yellen stated in a recent interview believes that the European Union could soon be affected by the embargo on Russian oil imports, which could cause gasoline prices to rise once again during this winter. With Russia still at war with Ukraine, one of their main funding sources for what they call their […]

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European Union Plans to Reduce Natural Gas

The European Union (EU) reached an agreement for an emergency regulation to cut their natural gas use by 15% from now until March 2023. As Europe prepares for a winter of uncertainty with continued supply disruption from Russia, the hope is to cut off all supply by next year. The EU plans to make the […]

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Two Essential Commodity Charts to Watch

Fuel Logistics and Charts provided by Guttman Energy

We’re now 13 days into the Russia-Ukraine conflict, and neither side shows signs of abating. Following this lead, neither do commodity charts. Two charts encapsulate the unprecedented of this conflict and will be contributing to the stagflation environment we are heading toward or already in. Let’s dive in.

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Oil Prices Top $105 as Russia Invades Ukraine

Guttman Energy Oil

Oil prices hit a high this morning of $105 a barrel for the first time since 2014. This comes after Russia launched their invasion against Ukraine by land, air, and sea in the biggest attack in Europe since World War Two. With Russia being one of the world’s largest energy producers, the prospect of war […]

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Pipeline Disruption

Earlier this week, the U.S. and Germany announced they would come to an agreement resolving the long dispute over Russia’s $11 billion Nord Stream 2 pipeline project. The project is an offshore natural gas pipeline that runs under the Baltic Sea from Russia to Germany. The project began in 2018, with plans for completion sometime […]

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