Geopolitical disruptions are squeezing diesel supply far more severely than other petroleum products.
Reporter Alvin Cabral spoke to Oxford Economics head of energy forecasting Bridget Payne, who explained that diesel is "both the most affected fuel and the most important for the macroeconomic outlook." Cabral also spoke to Ole Hansen, head of commodity strategy at Denmark's Saxo Bank for the report.

It worked often enough that everyone learned the trade. Now the market seems to front-run it. By the time retail buys calls, the smart money is already asking how many barrels actually disappeared. Turns out damaged refineries, tanker routes and diesel inventories matter more than dramatic headlines. The missile isn't the trade anymore. The bottleneck is.

India's first greenfield integrated refinery complex in nearly a decade has commenced commercial operations, marking a milestone in the country's emergence as a global refining hub.

The complex is expected to process a diverse range of crudes due to its relatively high Nelson Complexity Index. Feedstocks from the Middle East, Russia and West Africa could dominate the import basket, according to S&P Global Energy CERA.

HPCL Rajasthan Refinery Ltd., dubbed the "jewel of the desert," features high petrochemical integration and is expected to reduce India's reliance on imported petrochemicals. The complex, jointly built by state-run Hindustan Petroleum Corp. and the Rajasthan government, commenced operations at a time when conflict in the Middle East prompted Indian refiners to diversify their crude sourcing.

People who work in fuel trading, what advice would you give to someone who wants to enter the industry?

I'm interested in becoming a self-employed diesel fuel trader and would like to learn from people with real experience.

What should I learn first? What are the biggest mistakes beginners make? Which skills are the most valuable? Are there any books, courses, or industry resources you'd recommend?

I'd also love to hear how you got started and what you would do differently if you were starting from scratch today.