# Asia's Booming Diesel Market Draws Rare European

> Oil traders booked rare diesel cargoes from Northwest Europe to Singapore and the Middle East, as strong Indian demand and regional refinery maintenance lifted Asian prices. Asian diesel margins climbed to a 2-1/2-month high.

- Date: 2017-07-05 · published 2017-07-05T12:00:00.000Z
- Category: trade · region Asia · magnitude medium
- Page: https://feedsoft.ai/events/70129-asia-s-booming-diesel-market-draws-rare-european
- Commodities: [ULSD / Diesel](https://feedsoft.ai/c/DIESEL.md)

## Why it matters

Unusual export flows out of Europe signal tighter Asian diesel supply, which supports diesel prices and margins in both regions.

## Read by commodity

- DIESEL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DIESEL | 2017-04-19 | [IRPC '17: Senior engineer sees "dynamic market" for European diesel imports](https://feedsoft.ai/events/71700-irpc-17-senior-engineer-sees-dynamic-market-for-european-diesel-imports.md) | -4.7% | -6.5% |
| DIESEL | 2022-10-14 | [Traders divert Europe-bound diesel to U.S. in race to re-stock](https://feedsoft.ai/events/10981-traders-divert-europe-bound-diesel-to-u-s-in-race-to-re-stock.md) | -7.6% | -4.9% |
| DIESEL | 2021-10-22 | [China's CNOOC makes rare diesel imports, trading sources say](https://feedsoft.ai/events/44752-china-s-cnooc-makes-rare-diesel-imports-trading-sources-say.md) | -1.6% | -6.6% |
| DIESEL | 2023-09-29 | [Distillate summary: China, India spook diesel markets](https://feedsoft.ai/events/34296-distillate-summary-china-india-spook-diesel-markets.md) | -12.8% | -8.4% |
| DIESEL | 2026-05-05 | [Booming US energy exports draw scrutiny as domestic fuel prices bite \| Reuters](https://feedsoft.ai/events/19458-booming-us-energy-exports-draw-scrutiny-as-domestic-fuel-prices-bite-reuters.md) | -1.8% | -9.5% |

## Sources

- marinelink.com: https://www.marinelink.com/news/european-booming-cargoes427047

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