Europe Distillates-Diesel refining margins rise

Glencore

22/09/2026 18:14

LONDON, Sept 22 (Reuters) - European diesel refining margins rose by 3% on Tuesday while Saudi Arabia restarted operations at its East-West Pipeline and could resume exports from the Red Sea port of Yanbu.
Low-sulphur gasoil futures LGOc1 traded at $86.80 a barrel above Brent crude futures LCOc1 by 1646 GMT, $2.55 higher than the previous close. 
Saudi Arabia loads most of its diesel at Yanbu.
Ukrainian President Volodymyr Zelenskiy is due to meet US President Donald Trump at the United Nations in New York on Tuesday. Trump is expected to push Zelenskiy to call a halt to Ukrainian attacks on energy infrastructure in Russia.
 
Trades
Bids
Offers
Previous Session
Seller
Buyer
0.1 GO Barge
diffs fob ARA per ton
 
 
 
 
 
 
0.1 GO Cargo
diffs cif NWE per ton
 
 
 
 
 
 
0.1 GO Cargo
diffs cif Med per ton
 
 
 
 
 
50ppm barge diffs fob ARA per ton
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Diesel
Trades
Bids
Offers
Previous Session
Seller
Buyer
Diesel barge
diffs fob ARA
per ton
 
 
 
 
 
Diesel cargo
diffs cif NWE 
per ton
 
Oct +$2
 
 
Diesel cargo
diffs cif Med
per ton 
 
Oct +$25
Oct+ $40
 
 
 
 
 
 
 
 
Jet fuel 
Trades
Bids
Offers
Previous Session
Seller
Buyer
Jet fuel barge
diffs fob FARAG
per ton
 
 
 
 
 
 
 
Jet fuel cargo
cif NWE per ton
 
 
 CCM +$11
 
 
 
 
     
Fuel Oil
Trades
Bids
Offers
Previous Session
Seller
Buyer
0.5% barge fob ARA per ton
 
 
 
 
 
 
3.5% barge
fob ARA per ton
 
 
 
 
 
 
     
ICE Low Sulphur Gasoil 
LGOc1
Previous Close
ICE Low Sulphur Gasoil futures vs Brent futures (per barrel)
$86.80
 $84.25
Diesel spread 
 
 

(Reporting by Enes Tunagur
Editing by David Goodman
)
((enes.tunagur@tr.com))