Colorful gasoil pumps

Gasoil Price Outlook

European Low Sulfur Gasoil prices climbed even higher in September in the weeks following a devastating hurricane season in the United States, before easing by the end of the month on news of alleviated supply disruptions. On 6 October, gasoil traded at USD 497 per metric ton, which was 2.3% lower than on the same day in July but was up 0.9% on a year-to-date basis. The price was 8.1% higher than on the same day last year. Gasoil prices have hit a two-year high in recent months as a result of short-term supply disruptions and longer-term demand trends, with the latter manifesting itself in strong industrial demand worldwide. On the supply side, global gasoil stocks were drained this summer as one of Royal Dutch Shell’s European refineries suffered a fire even before Hurricanes Harvey and Irma knocked refineries offline in the southern United States. Typically, summer months are spent building inventories ahead of the seasonal uptick in demand.

Gasoil Price History Data (USD per metric ton, aop)

2012  2013  2014  2015  2016  
Gasoil953.38  918.88  837.79  488.16  390.61  

Sample Report

Price forecasts and historical data for Energy, Metals and Agricultural Commodities.

Download

Gasoil Historical Price Chart


Gasoil historical price chart
Note: European Gasoil (0.2% maximum sulphur content), prices in USD per metric ton (mt). Daily prices.

Sample Report

Price forecasts and historical data for Energy, Metals and Agricultural Commodities

Download

Start Your Free Trial

Start working with the reports used by the world’s major financial institutions, multinational enterprises & government agencies now. Click on the button below to get started.

Sign Up

Search form