# Europe: Jet Overhang Spills Over Into ULSD | Energy Intelligence

> Energy Intelligence reports that Europe's jet fuel oversupply is spilling into the ULSD market, with diesel trading at its lowest value versus crude in 18 years. The article notes a second wave of Covid-19 infections and possible lockdowns in Europe.

- Date: 2020-09-03 · published 2020-09-03T12:00:00.000Z
- Category: market · region Europe · magnitude low
- Page: https://feedsoft.ai/events/51274-europe-jet-overhang-spills-over-into-ulsd-energy-intelligence
- Commodities: [ULSD / Diesel](https://feedsoft.ai/c/DIESEL.md)

## Why it matters

Weak European diesel values point to soft demand for road fuel and lower energy costs for feed logistics, a mild bearish signal for diesel-linked costs.

## Read by commodity

- DIESEL: bearish ▼

## Sources

- energyintel.com: https://www.energyintel.com/0000017b-a7db-de4c-a17b-e7db78310000

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