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European diesel prices softened as rising U.S. exports threatened to overwhelm weak regional buying. Mounting imports of diesel from the U.S. were adding pressure to the European market.
Growing transatlantic diesel supply weighs on European product prices and reduces the cost of fuel for shipping and farm logistics.
energyintel.comJun 14, 2017After 28 past bearish trade events, ULSD / Diesel moved a median -0.1% over 5 sessions (50% higher; middle half -5.0% to +1.7%), and +0.9% over 20.
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.
