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Noble Group won a Petroecuador tender to supply up to 2.88 million barrels of diesel, with first delivery due November 10-12 at Ecuadorian ports. The purchase is needed while Petroecuador's Esmeraldas refinery undergoes a planned overhaul.
Noble's bid was $2.84 per barrel over US Gulf Coast diesel.
This is a routine commercial tender to cover refinery downtime in Ecuador, with limited impact on global diesel balances or feed commodity prices.
theedgemalaysia.comNov 1, 2026After 65 past trade events, ULSD / Diesel moved a median -1.2% over 5 sessions (43% higher; middle half -5.2% to +2.6%), and -1.6% over 20.
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.
