# European diesel prices touch almost 7.5 year high on tight supply

> European diesel cargoes FOB Northwest Europe were assessed at $835/mt on February 14, the highest since September 2014. Diesel cracks ran $17-19/b, close to two-year highs, as European supply from the East, US and Russia fell.

- Date: 2022-02-15 · published 2022-02-15T12:00:00.000Z
- Category: market · region Europe · magnitude medium
- Page: https://feedsoft.ai/events/42894-european-diesel-prices-touch-almost-7-5-year-high-on-tight-supply
- Commodities: [ULSD / Diesel](https://feedsoft.ai/c/DIESEL.md)

## Why it matters

Shrinking European diesel supply and high cracks support higher diesel prices and raise the cost of hauling and processing feed inputs in Europe.

## Read by commodity

- DIESEL: bullish ▲

## Sources

- spglobal.com: https://www.spglobal.com/commodity-insights/en/news-research/latest-news/crude-oil/021522-european-diesel-prices-touch-almost-75-year-high-on-tight-supply

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