Diesel in the Doldrums as Weak Demand Prompts Refiner Run Cuts
Oil
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Article by:
Bloomberg News (Rachel Grham, Sarah Chen, Elizabeth Low, Jordan Fitzgerald) - Bloomberg
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Date Published:
May 14, 2024
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Who was cited:
Eugene Lindell, Head of Refined Products - FGE London
European diesel weakness is also being driven by elevated US flows to the region and a drop in freight rates that’s made it cheaper to bring in the fuel from Asia, according to Eugene Lindell, head of refined products at FGE.
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