Europe distillates-diesel profit margins rise
USO•Northwest European diesel refining margins rose more than 3.5% on Wednesday. Low-sulphur gasoil futures traded at a $70.66-a-barrel premium to Brent, up about $2.52 from the previous close.
1. Margins and market details
The low-sulphur gasoil futures premium to Brent stood at $70.66 a barrel at 1727 GMT, compared with $68.14 at the previous close. EU-27 and UK diesel and gasoil imports were about 643,000 barrels per day so far this month, versus an October average of 801,000 bpd.
