Gasoil Price OutlookEuropean low sulfur gasoil prices continued to climb over the past month amid improving transport-related demand and recovering crude oil prices. On 10 July, gasoil traded at USD 355 per metric ton, which was up 6.4% from the same day last month. However, the price was 40.9% lower on a year-to-date basis and was down 39.7% from the same day last year. Price rose on the continued easing of lockdown measures in major economies, which supported demand amid a gradual return of global transportation flows. Furthermore, rising crude oil prices following May’s OPEC+ production cut agreement have continued to support oil prices in recent weeks. However, with demand still well below pre-pandemic levels, concerns regarding oversupply dampened the rebound in gasoil prices somewhat.
Gasoil Price History Data (USD per metric ton, aop)
Price forecasts and historical data for Energy, Metals and Agricultural Commodities.
Gasoil Historical Price Chart
Price forecasts and historical data for Energy, Metals and Agricultural Commodities
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