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Diesel margins in northwest Europe hit a 10-month high this week as strong demand and supply concerns tightened the market west of Suez. The report is a Quantum Commodity Intelligence distillate summary.
Higher European diesel cracks raise refining margins and fuel costs for transport and farm operations. The tighter market points to continued upward price pressure on diesel.
Not 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.