Insights

XA i-Dot: Brazil – the next oil market hotspot to watch? Brazil is long crude, but short Diesel with high US dependence.

By Mukesh Sahdev Visit author profile

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Commodity
Crude & Diesel
Time Period
Oct-26
Market Impact
Diesel volatility with US export ban question

Brazil is becoming the swing barrel between the Atlantic and Asia — not because it produces the cheapest crude, but because its barrels increasingly have the right quality, geography and routing optionality.Brazil is emerging as the oil market’s two-way swing…

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