European diesel prices are rising faster than in the United States
2026-09-24 19:49:05
According to CoinMeta, affected by the risk of export bans, the price of diesel in Europe has risen faster than in the United States. As the risk of a diesel export ban being implemented by the Trump administration increases, there are concerns that diesel prices in regions outside the U.S. will rise significantly compared to those in the U.S. On Wednesday, the premium of heating oil prices on the New York Mercantile Exchange at closing time was at its lowest level since late April compared to similar diesel products in Europe. The daily fluctuation in the price difference between the two was the largest since concerns about supply shortages caused by the Russia-Ukraine war in 2022, followed by a partial decline on Thursday. Currently, there is still considerable uncertainty as to whether the U.S. will implement a diesel export ban. However, U.S. Energy Secretary Wright has informed leaders in the oil industry to prepare for possible export restrictions, as retail oil prices in the U.S. are rising. The European Union has expressed concern about the possibility of such a ban.
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Source:Jin10 Data
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