European diesel refining margins slide as coronavirus spreads

European diesel refining margins slide as coronavirus spreads
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28.02.2020

MOSCOW (MRC) -- Benchmark northwest European diesel refining margins LGOc1-LCOc1 fell by 22% to usd7.80 a barrel, their lowest since late September 2016, on the growing spread of the coronavirus in Europe, reported Reuters."People are trading down the virus risk," one European trader said, in reference on the impact the virus will have on demand in Europe. As MRC informed before, economi

Full article at mrcplast.com

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