# Europe’s Diesel Market Gets More Bullish as it Struggles to Attract US Supply - Bloomberg

> Europe's diesel market is tightening, with the crack spread from Brent reaching about $21 a barrel on Friday, a two-month high. Immediate prices have also strengthened relative to later delivery, a sign of tighter near-term supply.

- Date: 2024-06-14 · published 2024-06-14T12:00:00.000Z
- Category: market · region Europe · magnitude low
- Page: https://feedsoft.ai/events/29975-europe-s-diesel-market-gets-more-bullish-as-it-struggles-to-attract-us-supply
- Commodities: [ULSD / Diesel](https://feedsoft.ai/c/DIESEL.md), [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md)

## Why it matters

A stronger European diesel crack signals firmer refined fuel demand and higher diesel costs for logistics in Europe. It is a modest signal for energy-linked input costs.

## Read by commodity

- BRENT: neutral
- DIESEL: bullish ▲

## Sources

- bloomberg.com: https://www.bloomberg.com/news/articles/2024-06-14/europe-s-diesel-market-gets-more-bullish-as-it-struggles-to-attract-us-supply

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