{
  "id": 1753672,
  "title": "European diesel margins hit record on supply disruptions",
  "url": "https://urgent.news/2026/08/18/european-diesel-margins-hit-record-on-supply-disruptions",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-18T16:44:20.000Z",
  "source": {
    "name": "Investing.com",
    "slug": "investing-com",
    "url": "https://www.investing.com/news/commodities-news/european-diesel-margins-hit-record-on-supply-disruptions-93CH-4865786"
  },
  "original_language": "en",
  "account": "European diesel margins hit a record high on Tuesday due to ongoing supply disruptions originating from the Middle East and Russia, according to Investing.com. Low-sulfur gasoil futures saw a $76.08 premium per barrel over Brent crude futures at 1627 GMT, marking a $2.69 increase from the previous trading close. The margin soared to $76.42 earlier in the session, setting a new record.\n\nThe supply crunch is a result of persistent disruptions to Middle East exports and Russian refinery operations. China's refined oil product exports experienced a 12.9% decline year-on-year in July, but they grew by 6.7% compared to June, as per customs data released on Tuesday. The relaxation of export restrictions enabled Chinese refiners to increase overseas shipping of fuel.\n\nChinese diesel exports surged 88% month-on-month to 810,000 metric tons in July, returning to levels observed in July of the previous year. This figure represents about 50% above the monthly average from the prior year. The U.S. diesel crack spread, indicating refining profitability, hit a record high of $102.20 per barrel on Monday. Global supply disturbances from conflicts in Iran and Ukraine coincided with the peak agricultural consumption season.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}