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Europe’s Diesel Imports Poised to Hit 17-Month High in September
Diesel cargoes into the European Union and the UK are poised to climb in September to the highest in about 1 1/2 years, with a rebound in shipments from the Middle East helping to offset a small dip in US flows. Imports of diesel and gasoil into the European region are likely to be about 1.36 million barrels a day this month, according to data compiled by Bloomberg from analytics firm Kpler. That’s the highest since April 2023, when Europe boosted its pull on diesel from other regions following the bloc’s embargo on Russian fuels in February that year. Diesel demand in Europe has been down lately compared with ... (full story)
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- Posted: Sep 19, 2024 5:48am
- Submitted by:Category: Fundamental AnalysisComments: 0 / Views: 74
