January 28, 2025

ICE gasoil corrects, but upside remains on looming supply tightness

Imports into Europe and the Mediterranean (Med) are set to reach multi-year lows in January and the immediate expectation is for little improvement in extra-regional in the coming months given the state of diesel globally.

Cargo ship docked at industrial port with red-covered containers and red ore piles, city skyline in the background.

See why the most successful traders and shipping experts use Kpler

Request a demo
ICE gasoil corrects, but upside remains on looming supply tightnessCargo ship docked at industrial port with red-covered containers and red ore piles, city skyline in the background.

Trade smarter – cut through the noise to find the signal with Kpler's insights

Request access