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News 2026-10-16 16:34 UTC

Europe Distillates — Diesel profit margins soften

LONDON, Oct 16 (Reuters) — Diesel refining profit margins fell by 2.6% on Friday, weighed down by the International Energy Agency's announcement about releasing emergency stocks and by rising regional inventories. Low-sulphur gasoil futures traded at $79.34 a barrel above Brent crude futures by 1622 GMT, 88 cents lower