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Sparta reports that US Gulf Coast and West Coast India ULSD arbitrage cargoes have closed into Europe, while Asian and US jet arbitrage routes remain open. ICE gasoil and heating oil diesel spreads and cracks gained over the past week, while Asian diesel spreads declined.
Ukrainian attacks on Russian refineries are also increasing again.
Tighter transatlantic diesel flows and stronger European spreads support diesel prices heading into Q1 2027, which raises fuel costs for feed mills, hauliers and farm logistics.
spartacommodities.comJames Noel-BeswickNov 12, 2026Not enough comparable past events yet for a historical read.
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.
