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Diesel Surges on Double Whammy of Sanctions and Refinery Outages

Summary by Bloomberg
Europe’s diesel market is soaring as a combination of new sanctions on Russia and refinery outages threaten supplies.

3 Articles

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Diesel Surges on Double Whammy of Sanctions and Refinery Outages

Europe’s diesel market is soaring as a combination of new sanctions on Russia and refinery outages threaten supplies.

·United States
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Diesel Prices in Europe Rise Sharply Due to Sanctions and Refinery Outages – Bloomberg

Diesel prices in Europe rise sharply on sanctions, refinery outages – BloombergThe European diesel market is experiencing a price increase due to US sanctions on Russian oil companies and refinery outages. The premium of diesel futures compared to Brent crude contracts reached its highest in more than 20 months.

·Kyiv, Ukraine
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  • 50% of the sources lean Left, 50% of the sources lean Right
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Bloomberg broke the news in United States on Tuesday, October 28, 2025.
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