John Kemp is a Reuters market analyst. leads a group of specialist energy and commodities analysts for Reuters. His expertise lies in oil and gas, refining, energy policy, international trade, and the financial and foreign policy aspects of energy. Before joining Reuters in 2008, John worked as a senior analyst for Sempra Commodities, now part of JPMorgan. And, prior to that, he spent five years focusing on all aspects of the international economy as well as North American public policy for consultancy Oxford Analytica. John holds a degree in Philosophy, Politics and Economics (PPE) from Oxford University.
Distillate inventories have started to accumulate in Europe, North America and Asia, after depleting most of the time between the second half of 2020 and the second half of 2022
Distillate fuel oil is the workhorse of the industrial economy, providing the main fuel used in trucking, railroads, manufacturing, construction, mining and oil and gas drilling