Commodities traders expect diesel shortages in Europe as margins rip higher

Mar. 22, 2022 11:49 AM ETVLO, BP, SHEL, NTOIF, REPYY, MPC, PSX, SAAFYBy: SA News Team10 Comments

Cars queuing for petrol at gas station due to fuel shortage

coldsnowstorm/iStock Unreleased via Getty Images

During a presentation at the FT Commodities Summit in Switzerland, heads from Commodity trading houses Gunvor and Trafigura said Europe should expect "stock outs" of diesel fuel. Europe relies on Russian diesel imports for ~15% of supply, and

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