Mild weather keeps European heating fuel markets weak
Mild weather keeps European heating fuel markets weak

Mild weather keeps European heating fuel markets weak

Marie-Émilie🌼

14 min
Business & Finance
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Description

<p>Natural gas supply disruptions into Europe saw both LPG and gasoil heating fuels used as substitutes in 2022 with concern over preparations for winter amid a low stocks environment. However, a mild winter thus far has kept heating fuel markets weak, limiting switching between different fuels.</p> <p>In this episode of the Platts Oil Markets Podcast, S&P Global Commodity Insights editors Aly Blakeway, Patrick McAllister and Maxim Kotenev discuss with Gary Clark supply, demand and prices for European gasoil, LPG and kerosene for heating markets amid a mild winter, and ahead of sanctions on Russian oil product exports into the European Union from February 5.</p> <p><strong>Price assessments on Platts Dimensions Pro:</strong></p> <ul> <li><a href= "https://platform.platts.spglobal.com/web/client?auth=inherit#platts/priceProfile?symbol=PMABA00"> Platts Propane CIF NWE Large Cargo: #PMABA00</a></li> <li><a href= "https://platform.platts.spglobal.com/web/client?auth=inherit#platts/priceProfile?symbol=AAYWS00"> Platts Gasoil 0.1%S CIF NWE Cargo: #AAYWS00</a></li> <li><a href= "https://platform.platts.spglobal.com/web/client?auth=inherit#platts/priceProfile?symbol=PJAAU00"> Platts Jet CIF NWE Cargo: #PJAAU00</a></li> </ul>

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