Gasoil Price OutlookGasoil prices rebounded in recent weeks after hitting a six-month low in June. On 5 July, European low sulfur gasoil traded at USD 567 per metric ton, which was up 7.6% from the same day last month. The price was 16.0% higher on a year-to-date basis, but was down 12.8% from the same day last year. Prices were supported by a tighter market in tandem with higher crude oil prices. Refinery maintenance in Russia, coupled with terminal storage adjustments, in preparation for the 2020 International Maritime Organization’s (IMO) new emissions regulations, reduced market slack in recent weeks. Moreover, loading delays in Rotterdam created supply bottlenecks. At the same time, crude oil prices were revived by an OPEC+ production cut extension and easing U.S.-China trade tensions.
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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