# The Commodities Feed: Diesel market strength persists as tightness concerns linger | ING THINK

> ICE Brent moved closer to $65/bbl as the ICE gasoil crack rallied above $38/bbl and the prompt gasoil timespread surged into backwardation. Worries over Russian diesel supply from sanctions and Ukrainian refinery attacks drive the strength, and ICE will ban delivery of diesel produced from Russian oil from January.

- Date: 2025-11-19 · published 2025-11-19T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/11481-the-commodities-feed-diesel-market-strength-persists-as-tightness-concerns
- Commodities: [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md), [ULSD / Diesel](https://feedsoft.ai/c/DIESEL.md)

## Why it matters

Backwardation and a wide gasoil crack signal physical tightness in middle distillates, supporting diesel and crude prices and firm refinery margins.

## Read by commodity

- BRENT: bullish ▲
- DIESEL: bullish ▲

## Sources

- think.ing.com: https://think.ing.com/articles/the-commodities-feed-diesel-market-strength-continues-as-tightness-concerns-linger191125/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.