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:

Gain full professional access to energynews.pro from 4.90$/month.
Designed for decision-makers, with no long-term commitment.

Over 30,000 articles published since 2021.
150 new market analyses every week to decode global energy trends.

Monthly Digital PRO PASS

Immediate Access
4.90$/month*

No commitment – cancel anytime, activation in 2 minutes.

*Special launch offer: 1st month at the indicated price, then 14.90 $/month, no long-term commitment.

Annual Digital PRO Pass

Full Annual Access
99$/year*

To access all of energynews.pro without any limits

*Introductory annual price for year one, automatically renewed at 149.00 $/year from the second year.

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.

Phillips 66 acquires Cenovus Energy’s remaining 50% in WRB Refining, strengthening its US market position with two major sites totalling 495,000 barrels per day.
Nigeria’s two main oil unions have halted loadings at the Dangote refinery, contesting the rollout of a private logistics fleet that could reshape the sector’s balance.
Reconnaissance Energy Africa Ltd. enters Gabonese offshore with a strategic contract on the Ngulu block, expanding its portfolio with immediate production potential and long-term development opportunities.
BW Energy has finalised a $365mn financing for the conversion of the Maromba FPSO offshore Brazil and signed a short-term lease for a drilling rig with Minsheng Financial Leasing.
Vantage Drilling has finalised a major commercial agreement for the deployment of the Platinum Explorer, with a 260-day offshore mission starting in Q1 2026.
Permex Petroleum has signed a non-binding memorandum of understanding with Chisos Ltd. for potential funding of up to $25mn to develop its oil assets in the Permian Basin.
OPEC+ begins a new phase of gradual production increases, starting to lift 1.65 million barrels/day of voluntary cuts after the early conclusion of a 2.2 million barrels/day phaseout.
Imperial Petroleum expanded its fleet to 19 vessels in the second quarter of 2025, while reporting a decline in revenue due to lower rates in the maritime oil market.
Eight OPEC+ members will meet to adjust their quotas as forecasts point to a global surplus of 3 million barrels per day by year-end.
Greek shipping companies are gradually withdrawing from transporting Russian crude as the European Union tightens compliance conditions on price caps.
A key station on the Stalnoy Kon pipeline, essential for transporting petroleum products between Belarus and Russia, was targeted in a drone strike carried out by Ukrainian forces in Bryansk Oblast.
SOMO is negotiating with ExxonMobil to secure storage and refining access in Singapore, aiming to strengthen Iraq’s position in expanding Asian markets.
The European Union’s new import standard forces the United Kingdom to make major adjustments to its oil and gas exports, impacting competitiveness and trade flows between the two markets.
The United Kingdom is set to replace the Energy Profits Levy with a new fiscal mechanism, caught between fairness and simplicity, as the British Continental Shelf continues to decline.
The Italian government is demanding assurances on fuel supply security before approving the sale of Italiana Petroli to Azerbaijan's state-owned energy group SOCAR, as negotiations continue.
The Dangote complex has halted its main gasoline unit for an estimated two to three months, disrupting its initial exports to the United States.
Rosneft Germany announces the resumption of oil deliveries to the PCK refinery, following repairs to the Druzhba pipeline hit by a drone strike in Russia that disrupted Kazakh supply.
CNOOC has launched production at the Wenchang 16-2 field in the South China Sea, supported by 15 development wells and targeting a plateau of 11,200 barrels of oil equivalent per day by 2027.
Viridien and TGS have started a new 3D multi-client seismic survey in Brazil’s Barreirinhas Basin, an offshore zone still unexplored but viewed as strategic for oil exploration.
Taiwan accuses China of illegally installing twelve oil structures in the South China Sea, fuelling tensions over disputed territorial sovereignty.

Log in to read this article

You'll also have access to a selection of our best content.