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Gasoil Price Outlook

Prices for European low sulfur gasoil surged in recent weeks. On 14 January, gasoil traded at USD 748 per metric ton, which was 19.5% higher than on the same day last month. Moreover, the price was up 14.9% on a year-to-date basis and was 63.3% higher than on the same day last year. Easing concerns over the economic impact of the Omicron variant supported gasoil over the past month, with prices hitting a multi-year high on 14 January. Moreover, strong demand for jet fuel, notably in the U.S. and China, and low inventories in Europe provided a further boost. On top of this, OPEC+’s decision to stick to its planned output schedule in February exerted additional upward pressure.

Gasoil Price History Data (USD per metric ton, aop)

2015  2016  2017  2018  2019  
Gasoil 488.16  390.61  482.81  625.62  579.12  

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Price forecasts and historical data for Energy, Metals and Agricultural Commodities.

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Gasoil Historical Price Chart


Gasoil historical price chart
Note: European Gasoil (0.2% maximum sulphur content), prices in USD per metric ton (mt). Daily prices.

Sample Report

Price forecasts and historical data for Energy, Metals and Agricultural Commodities

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