Europe Distillates-Diesel refining margins hold steady

TotalEnergies SE

18/09/2026 17:51

LONDON, Sept 18 (Reuters) - European diesel margins fell marginally on Friday, holding near record high levels as disruptions in the Middle East continue. 
Low-sulphur gasoil futures LGOc1 traded at $85.34 a barrel above Brent crude futures LCOc1 at 1637 GMT, 30 cents lower than the previous close. 
Four commodity vessels transited the Strait of Hormuz in the Gulf on Thursday, down from six a day earlier and below the 10-day average of about 16, preliminary shipping data showed on Friday.
Gasoil and diesel stocks held largely steady in the Amsterdam-Rotterdam-Antwerp (ARA) refining and storage hub at 1.65 million tons with no imports. However, eight cargoes were expected to offload by the end of the month. ARA/
London's marine insurance market has widened the area in the Black Sea it deems as ​high risk as the Ukraine-Russia conflict escalates, according to an advisory issued this week.
 
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
 
NWE + $24
Oct + $54
 
Diesel cargo
diffs cif Med
per ton 
 
Oct + $45
 
 
 
 
 
 
 
 
 
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 + $25
 
 
Totsa
BP
     
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)
$85.33
 $85.63
Diesel spread 
 
 

 (Reporting by Enes Tunagur; Editing by Shailesh Kuber)
 ((enes.tunagur@tr.com))