European diesel crack spread reaches record $104.08 per barrel
Europe’s diesel crack spread reached $104.08 per barrel for southern European delivery as conflict and Russia’s diesel export ban tightened supply. The spread measures the gap between diesel and crude prices, not the price of diesel itself.
· Feedsoft Markets Desk
TRANSCRIPT
$104.08 diesel gap—not the fuel price. The diesel-to-crude spread reached a record per barrel for southern European delivery.
What that number means. A crack spread compares diesel and crude prices. It isn't the price you pay for diesel.
Why supply is tight. Renewed Middle East conflict and Russia’s diesel export ban have disrupted supply.
What feed buyers should watch. Tight diesel supply can raise freight and farm operating costs. Upcoming refinery maintenance is another factor to watch.
Read the full analysis: feedsoft.ai/events/87404-diesel-premium-in-europe-jumps-to-record-high
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Market information, not investment advice.