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Gasoil Price Outlook

European low sulfur gasoil prices tumbled in recent weeks amid sharply reduced shipping volumes resulting from the recent coronavirus outbreak, which jeopardized supply chains from China. On 14 February, gasoil traded at USD 503 per metric ton, which was down 10.9% from the same day last month. Moreover, the price was 16.4% lower on a year-to-date basis and was down 15.2% from the same day last year. Prices have fallen over the last month as the coronavirus outbreak disrupted the Chinese economy and trade flows, reducing demand for shipping fuel in turn. Furthermore, an easing of logistical issues following the implementation of the International Maritime Organization’s new emissions rules—which came into effect in January 2020—have added further downward pressure on prices.

Gasoil Price History Data (USD per metric ton, aop)

2015  2016  2017  2018  2019  
Gasoil 488.16  390.61  482.81  625.62  579.12  

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bet360备用网址Price forecasts and historical data for Energy, Metals and Agricultural Commodities.

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Gasoil Historical Price Chart


Gasoil historical price chart
Note: European Gasoil (0.2% maximum sulphur content), prices in USD per metric ton (mt). Daily prices.

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bet360备用网址Price forecasts and historical data for Energy, Metals and Agricultural Commodities

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