European Diesel Futures Soar Past $200 Amid Global Scramble

European diesel futures have surged above $200, signaling an accelerating global scramble for fuel supplies and highlighting the volatile state of the market.

2 Apr, 14:40 — 2 Apr, 14:40

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zerohedgeLow141d ago

"Everything About This Market Is Wild": European Diesel Futs Top $200 As Global Scramble Accelerates

"Everything About This Market Is Wild": European Diesel Futs Top $200 As Global Scramble Accelerates The global tug-of-war for fuel looks set to accelerate, with traders scrambling to secure supplies even more aggressively after President Trump showed no signs of an end to hostilities (and a reopening of the Strait) any time soon. The longer the Strait of Hormuz remains closed, the more intense the competition is likely to become. Traders have warned that Europe is at risk of di...

By Tyler Durden

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European Diesel Futures Soar Past $200 Amid Global Scramble

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"Everything About This Market Is Wild": European Diesel Futs Top $200 As Global Scramble Accelerates

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