Gasoil Price OutlookPrices for European low sulfur gasoil trended upwards over the past month, supported by healthy demand and global supply concerns. On 10 September, gasoil traded at USD 600 per metric ton, which was up 5.8% from the same day last month. Moreover, the price was 43.7% higher on a year-to-date basis and was up 100.6% from the same day last year. The increase in prices was seemingly due to strong fuel demand, as relaxed travel restrictions in Europe boosted driving in the busy holiday season. Moreover, prices were likely supported by supply disruptions in the U.S. after Hurricane Ida forced the country to shut down around 13.0% of its refining capacity, which buoyed oil prices in turn.
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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