# Diesel premium in Europe jumps to record high

> Europe’s diesel crack spread rose above $100 per barrel for the first time, reaching $104.08 for southern European delivery, as renewed Middle East conflict and Russia’s diesel export ban tightened supply. Argus warned the premium could widen over the next two months as refineries undergo maintenance.

- Date: 2026-11-08 · published 2026-11-08T12:08:31.032Z
- Category: geopolitics · region Europe · magnitude high
- Page: https://feedsoft.ai/events/87404-diesel-premium-in-europe-jumps-to-record-high
- Commodities: [ULSD / Diesel](https://feedsoft.ai/c/DIESEL.md)

## Why it matters

Disrupted exports and reduced refinery availability restrict diesel supply, supporting European diesel prices and increasing fuel costs for transport and agriculture. Further maintenance could prolong the squeeze.

## Read by commodity

- DIESEL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DIESEL | 2022-03-24 | [Diesel shortage in Europe threatens to slow economic growth](https://feedsoft.ai/events/5944-diesel-shortage-in-europe-threatens-to-slow-economic-growth.md) | -8.3% | -4.7% |
| DIESEL | 2018-03-26 | [Diesel Jumps 3.8¢ to $3.010 a Gallon - TT](https://feedsoft.ai/events/66206-diesel-jumps-3-8-to-3-010-a-gallon-tt.md) | -1.8% | +5.6% |
| DIESEL | 2026-10-09 | [US diesel prices remain high despite Trump’s moves to boost supplies By Reuters](https://feedsoft.ai/events/637-us-diesel-prices-remain-high-despite-trump-s-moves-to-boost-supplies-by-reuters.md) | -1.2% | -7.9% |
| DIESEL | 2024-11-27 | [War Risk Premium Drives Diesel Gains \| Energy Intelligence](https://feedsoft.ai/events/27576-war-risk-premium-drives-diesel-gains-energy-intelligence.md) | -3.1% | -1.6% |
| DIESEL | 2026-03-02 | [European diesel jumps over $100/mt amid Middle East tensions \| S&P Global](https://feedsoft.ai/events/5532-european-diesel-jumps-over-100-mt-amid-middle-east-tensions-s-and-p-global.md) | +36.4% | +69.9% |

## Sources

- freedium-mirror.cfd: https://freedium-mirror.cfd/https:/www.ft.com/content/f117f347-e1e0-457c-83fc-ba4745581bb2

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