# Diesel traders anticipate shortage, but not just yet: Kemp - Energy News, Top Headlines, Commentaries, Features & Events - EnergyNow.com

> Reuters analyst John Kemp reports that gasoil traders expect European middle distillate markets to stay well supplied until late 2019. Calendar spreads are in contango through October before shifting to backwardation from November as IMO fuel rules take effect.

- Date: 2019-04-30 · published 2019-04-30T12:00:00.000Z
- Category: market · region Europe · magnitude low
- Page: https://feedsoft.ai/events/59768-diesel-traders-anticipate-shortage-but-not-just-yet-kemp-energy-news-top
- Commodities: [ULSD / Diesel](https://feedsoft.ai/c/DIESEL.md)

## Why it matters

A shift to backwardation from November would signal tightening diesel stocks and firmer prices into winter. Until then, ample supply keeps diesel costs contained.

## Read by commodity

- DIESEL: neutral

## Sources

- energynow.com: https://energynow.com/2019/04/diesel-traders-anticipate-shortage-but-not-just-yet-kemp/

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