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European diesel news and market signals

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Dated Brent Above $120 Signals Tightening Physical Oil Market

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High 7/10Dated Brent ICE Brent

Dated Brent Above $120 Signals Tightening Physical Oil Market

Physical oil markets are showing signs of a significant squeeze, with Dated Brent surging above $120 per barrel. This divergence from the lower ICE Brent price suggests underlying supply and demand pressures are intensifying.

October 2, 2026Published 1 hour ago