Europe Distillates-Diesel profit margins rise

By Reuters News

- Northwest European diesel refining margins rose 3.2% on Monday as oil prices fell further.

  • Low-sulphur gasoil futures traded at a premium of $71.53 a barrel to Brent crude futures by 1732 GMT, up about $2.24 from the previous close.

  • Aramco Trading sold a diesel cargo to Trafigura in the Northwest European Platts window.

  • A Ukrainian drone struck the Kirishi oil refinery, Russia's second-largest, in an overnight attack that set it on fire, the governor of the northwestern Leningrad region said on Monday, adding that one woman had died in the attack.

  • Fuel shortages have returned to at least half a dozen Russian regions, officials and Russian media said, after Ukrainian strikes on at least eight major oil refineries in the past two weeks raised the prospect of motorists once again queuing for hours at filling stations.

Trades

Bids

Offers

Previous Session

Seller

Buyer

0.1 GO Barge

diffs fob ARA per ton

0.1 GO Cargo

diffs cif NWE per ton

0.1 GO Cargo

diffs cif Med per ton

50ppm barge diffs fob ARA per ton

Diesel

Trades

Bids

Offers

Previous Session

Seller

Buyer

Diesel barge

diffs fob ARA

per ton

Diesel cargo

diffs cif NWE

per ton

Nov - $17

Aramco Trading

Trafigura

Diesel cargo

diffs cif Med

per ton

Jet fuel

Trades

Bids

Offers

Previous Session

Seller

Buyer

Jet fuel barge

diffs fob FARAG

per ton

Jet fuel cargo

cif NWE per ton

Fuel Oil

Trades

Bids

Offers

Previous Session

Seller

Buyer

0.5% barge fob ARA per ton

$614

3.5% barge

fob ARA per ton

$488.50

ICE Low Sulphur Gasoil

Previous Close

ICE Low Sulphur Gasoil futures vs Brent futures (per barrel)

$71.53

$69.30

Diesel spread

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