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Oil | Shipping

A difficult road ahead for diesel

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Sustainability shift: Oil's future in the energy transition

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Platts Bunkerworld

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Listen: A difficult road ahead for diesel

The European diesel markets are in turmoil: demand has crashed – taking prices with it – and storage is filling up fast. Could we see a repeat of negative oil prices as we have seen in the US crude markets? In this episode, S&P Global Platts editor Virginie Malicier tells Joel Hanley how diesel markets are coping in the Covid-19 pandemic. We also hear from freight reporter Charlotte Bucchioni, who gives an update on soaring shipping rates, as charterers scramble for spare tonnage.

Platts Live