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European distillate markets under pressure from rising US, Middle East oil supply

Olivier Lejeune , team leader for European and African middle distillates, discusses a bearish start to 2014 for diesel, jet fuel and gasoil markets with editors David Elward and Robert Friend. Rising exports from the US and new refining capacity coming online in the Middle East is already putting pressure on European distillate cracks, which, as Elza Turner, senior editor for EMEA oil, explains, could lead to further closures in the domestic refining sector.

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Platts 7th Annual Global Crude Oil Summit
May 13-14, 2014, London, UK
Platts 7th Annual Global Crude Oil Summit
Platts 7th Annual Global Crude Oil Summit

Platts 7th Annual Global Crude Oil Summit sets a unique global agenda, inviting industry leaders to share views on the critical developments affecting the upstream and trading communities. Facilitating the exchange of genuine value between the industry's senior executives, the summit provides a perfect environment to encourage stimulating debate and interaction with the speakers and your peers.

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