# Imports Fail to Quench Europe's Diesel Thirst | Energy Intelligence

> Europe's diesel demand has outpaced imports, pushing ULSD spot prices to a near eight-year high in mid-February. Pump prices in Russia's main UK market also reached record levels.

- Date: 2022-02-16 · published 2022-02-16T12:00:00.000Z
- Category: market · region Europe · magnitude low
- Page: https://feedsoft.ai/events/42895-imports-fail-to-quench-europe-s-diesel-thirst-energy-intelligence
- Commodities: [ULSD / Diesel](https://feedsoft.ai/c/DIESEL.md)

## Why it matters

A structural import shortfall keeps European distillate prices firm, which feeds through to transport and logistics costs for feed supply chains.

## Read by commodity

- DIESEL: bullish ▲

## Sources

- energyintel.com: https://www.energyintel.com/0000017f-022a-dfa7-a5ff-9f3ad8c80000

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