European Diesel Prices Surpass Jet Fuel as Global Supply Shortages Deepen
LSEG data showed diesel imports fell 21% from January while jet fuel arrivals held near 750,000 barrels a day.
7 Articles
7 Articles
Europe's oil market is experiencing an unexpected turnaround. Quotes for diesel fuel charges have exceeded the price of aviation fuel, marking the first time in the last 12 months when road fuel becomes more expensive than that used by airlines.
European optimism has passed: diesel in the EU has become more expensive than jet fuel
Diesel fuel prices have exceeded the cost of jet fuel in Europe. The Iranian crisis and the ban on exports from Russia, after the attacks of the Ukrainian Armed Forces on the refinery, led to the fact that diesel quotes again exceed the records of 2022.
Diesel prices overtake jet fuel in Europe as global shortage widens
European Diesel Prices Surpass Jet Fuel as Global Supply Shortages Deepen
European diesel prices climbed above jet fuel prices for the first time in more than a year, highlighting a growing supply squeeze as the region prepares for winter and struggles to secure sufficient diesel supplies for industry and agriculture.
Coverage Details
Bias Distribution
- 50% of the sources are Center, 50% of the sources lean Right
Factuality
To view factuality data please Upgrade to Premium
