SUBSCRIBE
PROFILE

The United States Outpaces Russia in Diesel Deliveries to Brazil This Week

For the week ending December 8, the United States is expected to become Brazil’s leading diesel supplier, delivering 6% more than Russia, according to preliminary data from S&P Global.

Share:

Comprehensive energy news coverage, updated nonstop

8.25£/month*

*billed annually at 99£/year for the first year then 149,00£/year ​

Unlimited access • Archives included • Professional invoice

SUBSCRIBE - 99£/year

OTHER ACCESS OPTIONS

7-Day Pass

Up to 50 articles accessible for 7 days, with no automatic renewal

3 £/week*

FREE ACCOUNT

3 articles/month

FREE

*Prices are excluding VAT, which may vary depending on your location or professional status

Since 2021: 30,000 articles • 150+ analyses per week

Diesel deliveries to Brazil for the week ending December 8 indicate a dominance of the United States over Russia, according to forecasts from S&P Global Commodities at Sea (CAS). Brazilian ports are expected to receive approximately 3.8 million barrels of gasoil and diesel, a 24% decrease compared to the previous week.

The United States is projected to deliver 1.9 million barrels, surpassing Russia’s 1.8 million barrels by 102,738 barrels. These deliveries represent a notable 6% increase for the United States over Russia. However, the overall volumes of gasoil and diesel have declined compared to the 5 million barrels scheduled for the previous week.

Major Ports and Expected Volumes

Among Brazilian ports, Paranaguá, located in Paraná State in the southern region, is set to receive the highest diesel volume, with approximately 1 million barrels expected. Santos, in São Paulo State, follows as the second major port, with 928,539 barrels scheduled for delivery. These two ports play key roles in the distribution of imported fuels within the country.

Impact on Importers and Prices

Despite these import flows, the economic context remains challenging for Brazilian distributors. According to a report by the Association of Brazilian Fuel Importers (Abicom) released on November 22, domestic diesel prices were, on average, 5% lower than import parity levels. This situation complicates conditions for medium- and small-sized distributors, reducing their interest in further imports.

Moreover, the premium for diesel originating from the United States compared to other origins in southern Brazil remained at 4.75 cents per gallon as of November 28, according to Platts, part of S&P Global Commodity Insights. This figure is higher than the premium observed a week earlier, which stood at 3 cents per gallon.

Future Trends and Uncertainties

Despite the increase in U.S. deliveries this week, the overall decline in imported diesel volumes raises questions about the sustainability of these flows. Price fluctuations and the dynamics of the Brazilian domestic market will be critical factors in the weeks ahead, particularly for smaller distributors.

  • Popular on energynews.pro
Clariant targeted by BP and ExxonMobil in ethylene case
Veolia and TotalEnergies sign agreement to optimise industrial resources
Clean Energy Technologies installs ORC system for global industrial manufacturer in the United States
BlackRock and Canada Pension Plan finalise $6.2bn Allete buyout with Minnesota approval
J&F Investimentos targets EDF’s thermal plant amid Brazil’s booming energy M&A
Algeria signs two oil assessment agreements with Petrogas E&P
Alnaft has signed two study agreements with Omani firm Petrogas E&P on the Touggourt and Berkine basins, aiming to update hydrocarbon potential in key oil-producing areas.
Chinese refineries cut Iranian crude purchases by 46% in September
Import quotas exhaustion and falling demand push Chinese independent refineries to sharply reduce Iranian crude volumes, affecting supply levels and putting downward pressure on prices.
US sanctions hit NIS, a key player in Serbia’s oil market
Serbian oil company NIS, partially owned by Gazprom, faces newly enforced US sanctions after a nine-month reprieve, testing the country's fuel supply chain.
Chevron appoints former TotalEnergies executive to lead African exploration
US-based Chevron appoints Kevin McLachlan, a veteran of TotalEnergies, as its global head of exploration, in a strategic move targeting Nigeria, Angola and Namibia.
Lycos Energy sells assets for $60mn and redistributes $47.9mn to shareholders
Lycos Energy finalises the sale of its Alberta assets for $60mn, planning an immediate $47.9mn cash distribution to shareholders and the launch of a share buyback programme.
Russia increases oil production and nears OPEC+ quota
Russian oil output moved closer to its OPEC+ allocation in September, with a steady rise confirmed by Deputy Prime Minister Alexander Novak.
Jihadist blockade disrupts fuel supply across Mali
Fuel shortages now affect Bamako, struck in turn by a jihadist blockade targeting petroleum flows from Ivorian and Senegalese ports, severely disrupting national logistics.
McDermott signs strategic partnership with PETROFUND to train Namibia’s energy workforce
McDermott has signed a memorandum of understanding with PETROFUND to launch technical training programmes aimed at strengthening local skills in Namibia’s oil and gas sector.
Nigeria doubles output at oil block in 100 days through local management
The example of OML 17 highlights the success of an African-led oil production model based on local accountability, strengthening Nigeria’s position in public energy investment.
ExxonMobil returns to Iraq with deal on Majnoon oil field
ExxonMobil has signed a memorandum of understanding with the Iraqi government to develop the Majnoon oil field, marking its return to the country after a two-year absence.
Oil rises 1.3% after limited OPEC+ output increase
Crude prices rose following the decision by the Organization of the Petroleum Exporting Countries and its allies to increase production only marginally in November, despite ongoing signs of oversupply.
Cenovus raises offer for MEG Energy to $29.80 per share with new mixed structure
Cenovus Energy modifies terms of its acquisition of MEG Energy by increasing the offer value and adjusting the cash-share split, while reporting record third-quarter results.
JANAF and MOL begin crucial talks on Central European oil transport
Hungarian oil group MOL and Croatian operator JANAF are negotiating an extension of their crude transport agreement as the region seeks to reduce reliance on Russian oil.
Belarus quadruples fuel exports to Russia in September
Rail shipments of Belarusian gasoline to Russia surged in September as Moscow sought to offset fuel shortages caused by Ukrainian attacks on its energy infrastructure.
Denmark strengthens maritime controls at Skagen Strait amid Russian shadow fleet activity
Denmark is intensifying inspections of ships passing through Skagen, a strategic point linking the North Sea and the Baltic Sea, to counter the risks posed by the Russian shadow fleet transporting sanctioned oil.
TotalEnergies appoints Nicola Mavilla as global head of exploration
Nicola Mavilla succeeds Kevin McLachlan as TotalEnergies' Director of Exploration, bringing over two decades of international experience in the oil and gas industry.
Sahara Group deploys seven rigs to boost oil output in Nigeria
Sahara Group is making a major investment in Nigeria with seven new drilling rigs, aiming to become the country’s top private oil producer by increasing output to 350,000 barrels per day.
Senegal plans second refinery with 5.5 mn tonnes annual capacity
Senegal aims to double its oil refining capacity with a project estimated between $2bn and $5bn, as domestic demand exceeds current output.
Chevron gradually restarts El Segundo refinery after major fire
Chevron is working to restart several units at its El Segundo refinery in California after a fire broke out in a jet fuel production unit, temporarily disrupting regional fuel supplies.
Ethiopia launches $2.5bn refinery to reduce fuel import dependency
Ethiopia has begun construction of its first crude oil refinery in Gode, a $2.5bn project awarded to GCL, aimed at strengthening the country’s energy security amid ongoing reliance on fuel imports.

All the latest energy news, all the time

8.25£/month*

*billed annually at 99£/year for the first year then 149,00£/year ​

Unlimited access - Archives included - Pro invoice

START - 99£/year

7 DAY PASS

Up to 50 items can be consulted for 7 days,
without automatic renewal

3£/week*

*Prices shown are exclusive of VAT, which may vary according to your location or professional status.

Since 2021: 30,000 articles - +150 analyses/week.