# Tight supplies, heating demand drive global gasoil margins to multi-year highs | Reuters

> Multi-year highs in global gasoil margins are attributed to tight supplies and winter heating demand. Strong jet fuel prices have also reduced the middle distillate available for diesel blending.

- Date: 2022-01-21 · published 2022-01-21T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/43339-tight-supplies-heating-demand-drive-global-gasoil-margins-to-multi-year-highs
- Commodities: [ULSD / Diesel](https://feedsoft.ai/c/DIESEL.md)

## Why it matters

Tighter distillate supply lifts diesel and gasoil costs, which feed through to freight and processing expenses for feed buyers. The jet fuel competition adds another source of upward pressure.

## Read by commodity

- DIESEL: bullish ▲

## Sources

- reuters.com: https://www.reuters.com/business/energy/tight-supplies-heating-demand-drive-global-gasoil-margins-multi-year-highs-2022-01-21/

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