Europe Set for Biggest Seaborne Diesel Imports Since Ban on Russia Supply
- US flows set for highest since at least 2016 in 1H October
- Shipments from Saudi Arabia climb to the highest in 4 years
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Europe is poised for a deluge of diesel imports this month as a surge in shipments from US coincides with super-sized cargo arrivals from Saudi Arabia.
The influx will hit a European market in which Germany, France, Spain, Italy and the UK have all reported patchy demand this year. Europe is an important global source of buying for the fuel globally.