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Refinery Outages Driving Gasoil

OIL PRODUCTS

Supply concerns continue to drive gasoil with issues at Shell’s Pernis refinery, TotalEnergies Gonfreville and Shell’s Godorf.

  • European ARA Gasoil stocks yesterday dipped below the five-year average for the first time since early Feb having fallen from a peak in mid-May.
  • Gasoil JUL 23 up 3.8% at 739.5$/mt
  • Gasoil JUL 23-AUG 23 up 5.5$/mt at 16.5$/mt
  • Gasoil AUG 23-SEP 23 up 2$/mt at 5.25$/mt

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