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US Diesel Exports to Europe On Track For Three-Year High in Oct

OIL PRODUCTS

US diesel exports to Europe in October at their current pace would be the highest monthly level since August 2019, according to Bloomberg, citing Kpler data.

  • Eight Europe-bound vessels have loaded a combined 286k b/d of diesel from the USGC in October so far, more than twice the September average of 117k b/d, according to Kpler.
  • Europe has been competing with Brazil for US volumes, which pulled four diesel cargoes from the US.


Source: Bloomberg

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