(EnergyAsia, August 29) — Diesel demand in Europe continues to grow sharply this year, with the latest official data showing demand growth averaging 175,000 b/d through May. According to ESAI’s Atlantic Basin Stockwatch, refinery runs remain below last year’s levels, indicating a tighter European distillate market ahead. “Rotterdam gasoil spreads have rebounded this month, suggesting…
MARKETS: ESAI predicts continued tight European distillate market
Posted on August 29, 2005 by EnergyAsia