Europe distillates-diesel profit margins jump
USO•Northwest European diesel refining margins rose more than 4% on Tuesday; low-sulphur gasoil futures traded at a $73.30-per-barrel premium to Brent, up $3.28 from the previous close.
1. Diesel margins rise
Northwest European diesel refining margins rose more than 4% on Tuesday as oil prices continued to decline from the previous session. At 1746 GMT, low-sulphur gasoil futures traded at a $73.30-per-barrel premium to Brent crude futures, $3.28 higher than the previous close.
