European Diesel Margins Fall More Than 7% as Gasoil Premium Narrows
European diesel refining margins declined by over 7% on Monday after the low-sulphur gasoil futures premium to Brent shrank by $5.52 to $70.79 per barrel by 1612 GMT. Physical market activity included a BP sale for delivery to Gdynia, Poland, and a quiet Mediterranean trading window. Separately, Russia’s Perm refinery halted operations after a dron…