NWE diesel-gasoil sulfur spread at six-month high on diesel tightness
The Northwest European diesel-gasoil sulfur spread has seen a volatile week, with value almost doubling to a six-month high due to tightness in ultra low sulfur diesel markets amid refinery works in the Mediterranean and a cyclone in India disrupting East-of-Suez supplies. The spread — which measures the differential between CIF ultra-low sulfur diesel cargoes and CIF 0.1%S gasoil cargoes…