Europe Distillates-Diesel margins fall to lowest since July 2023

Trades   Bids   Offers  Previous  Seller  Buyer
Session 
0.1 GO Barge                   April 
diffs fob ARA                  -$29.0 
per tonne                      0 
<GO-ED-ARA> 
0.1 GO Cargo 
diffs cif NWE 
per tonne 
<GO-CND-NWE> 
0.1 GO Cargo 
diffs cif Med 
per tonne 
<GO-CND-MED> 
50ppm barge             May 
diffs fob ARA           +$2.0 
per tonne               0 
<GO50PPM-ED-A 
RA> 
 
Diesel         Trades   Bids   Offers  Previous  Seller  Buyer 
Session 
Diesel barge   May -$2  April  April   Apr 
diffs fob ARA  to -$4   Flat   -$1/+2  -$0.25-+ 
per tonne                      .00     $1 
<ULSD10-BD-AR 
A> 
Diesel cargo   2               May               Litasc  Glenco 
diffs cif NWE  cargoes         +$20.2            o       re 
per tonne      at May          5 
<ULSD10-ANYD-  $12.50 
NWE> 
Diesel cargo            Med    Med 
diffs cif Med           +$6.0  +$0.75 
per tonne               0 
<DL-CIFD-MED> 
 
Jet fuel       Trades   Bids   Offers  Previous  Seller  Buyer Session 
Jet fuel 
barge 
diffs fob 
FARAG 
per tonne 
<JET-BD-ARA> 
Jet fuel                CCM    CCM 
cargo                   -$4    -+2 
cif NWE per 
tonne 
<JET-CD-NWE> 
 
Fuel Oil     Trades     Bids    Offers  Previous  Seller  Buyer Session 
0.5% barge   $601                       $596-597  Total   BP 
fob ARA per 
tonne 
3.5% barge   $471-$472                  $466-467  Gunvor  OEI, 
fob ARA per  .50                                  ,       BP 
tonne                                             Vitol 
<HFO-ARA> 
ICE Low Sulphur Gasoil                   Previous 
Diesel ARA Barge        $20.9            $22.9 
Cracks vs Brent 
futures (per barrel) 
Diesel spread           <LGOc1-LGOc2>