BP Buys Second Jet Cargo; European Gasoil Slumps: Oil Products
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European jet fuel barges traded at the highest level relative to December gasoil futures for at least two weeks. BP Plc bought a second jet fuel cargo in a week from Vitol Group.
European gasoline’s premium to Brent crude was close to the highest level in five weeks. Gasoil for December tumbled on London’s ICE Futures Europe exchange.