Gasoil Price OutlookEuropean low sulfur gasoil prices spiraled in early November, sent downward by lower prices in oil markets. On 2 November, gasoil traded at USD 648 per metric ton, which was down 11.1% from the same day last month. However, the price was 8.1% higher on a year-to-date basis and was up 22.6% from the same day last year. The fall in prices came on the back of the recent tumble in oil prices. However, in early and mid-October, prices had reached near four-year highs, primarily driven by supply disruptions due to low water levels in the Rhine, which forced suppliers to switch to other forms of transportation. Meanwhile, higher demand for heating oil should have partially offset price losses.
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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