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Global diesel margins are approaching a 17-month high amid low global inventories and steepening backwardation. Demand has been strong in the Mediterranean, India, Africa and South America, with arrivals rising sharply year on year.
Robust distillate demand and low inventories point to firm diesel prices heading into autumn refinery maintenance.
vortexa.comJul 23, 2025Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
