# Products: Bumper East of Suez Imports Pressure Diesel | Energy Intelligence

> Ultra-low-sulfur diesel lost ground against crude oil in Europe last week. Rising imports from the Mideast Gulf and Asia more than offset falling local production and reduced Russian loadings.

- Date: 2019-04-24 · published 2019-04-24T12:00:00.000Z
- Category: market · region Europe · magnitude low
- Page: https://feedsoft.ai/events/59766-products-bumper-east-of-suez-imports-pressure-diesel-energy-intelligence
- Commodities: [ULSD / Diesel](https://feedsoft.ai/c/DIESEL.md)

## Why it matters

Heavier Eastern imports add supply to European diesel markets, which weighs on diesel prices relative to crude. Lower diesel costs ease fuel and freight expenses for feed transport.

## Read by commodity

- DIESEL: bearish ▼

## Sources

- energyintel.com: https://www.energyintel.com/0000017b-a7d7-de4c-a17b-e7d799190000

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