Gasoil Price OutlookAfter surging in October, European low sulfur gasoil prices slowed their upward climb in November as short-term supply shocks faded. On 1 December, gasoil traded at USD 556 per metric ton, which was 4.6% higher than on the same day last month and was up 12.8% on a year-to-date basis. Moreover, the price was 20.2% higher than on the same day last year. Gains were more modest and primarily demand-driven in November as supply concerns around planned maintenance and the U.S. hurricane season wore off. Colder weather in inland Europe drove demand for heating oil up, while higher water levels along the Rhine allowed barges to once again load at full capacity and fully meet demand.
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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