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European ultra-low-sulfur diesel cargo premiums rose to their highest level in four months. The move occurred despite no clear pickup in regional buying.
Firmer European diesel premiums point to tighter regional supply, which can lift global diesel and freight costs. Feed buyers with European freight exposure would see the effect first.
energyintel.comAuthor Kerry Preston, UNITED KINGDOMDec 9, 2020Not enough comparable past events yet for a historical read.
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.
