Gasoil Price OutlookGasoil prices tumbled to a six-month low in early June, in tandem with the sharp fall in energy markets. On 7 June, European low sulfur gasoil traded at USD 544 per metric ton, which was 11.9% lower than on the same day last month. The price was up 11.1% on a year-to-date basis, but was 15.1% lower than on the same day last year. Prices continued to decline in recent weeks as crude oil prices were hit by concerns over the recent escalation in the U.S.-China trade dispute, and the global economic slowdown’s impact on oil consumption at large. Moreover, rising gasoil inventory levels in preparation for the 2020 International Maritime Organization’s (IMO) new emissions regulations also put downward pressure on prices.
Gasoil Price History Data (USD per metric ton, aop)
Price forecasts and historical data for Energy, Metals and Agricultural Commodities.
Gasoil Historical Price Chart
Price forecasts and historical data for Energy, Metals and Agricultural Commodities
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