The European diesel arb quickly reopens
ICE Brent crude price climbed above 76 $/b on early Monday, as European diesel margins recovered partially, to reach 13 $/b at the prompt, despite…
European gas prices were generally up again yesterday, supported by falling temperatures and lower Norwegian supply. Indeed, due to an unplanned outage at the Oseberg gas field, Norwegian flows dropped significantly yesterday, averaging 314 mm cm/day, compared to 337 mm cm/day on Wednesday. Russian flows were slightly down, at 327 mm cm/day on average, compared to 329 mm cm/day on Wednesday.
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