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Northwest European diesel refining margins were broadly unchanged Wednesday, as support from falling U.S. distillate inventories offset potential higher Chinese fuel exports after Beijing issued new export quotas.
Northwest European diesel refining margins were little changed, with support from falling U.S. distillate inventories offset by the prospect of increased Chinese fuel exports after Beijing issued new export quotas.
* Oil has continued to trend lower during Wednesday's APAC session as talks continue on the sidelines of this week's UN gathering. The fact negotiations are even taking place to facilitate Middle East energy shipments is driving optimism in markets but the situation remains very precarious. UST futures are higher, but
LONDON, Sept 18 (Reuters) — European diesel margins fell marginally on Friday, holding near record high levels as disruptions in the Middle East continue. Low-sulphur gasoil futures traded at $85.34 a barrel above Brent crude futures at 1637 GMT, 30 cents lower than the previous close. Four commodity vessels transited