Crude oil prices are coming back a bit today. Hopes for a speedy nuclear agreement between the EU, the USA and Iran are causing prices on the futures and commodity markets to drop slightly today. Nonetheless, Brent is still trading above $110. At the gas pumps in the country, higher diesel prices are set. In Hanover, the Clever Tanken app calculates prices between 1.89 and 1.97 euros for a liter of Disel. In Cologne, prices range from EUR 1.83 to EUR 1.93. In Munich, the price range goes up to 1.99 euros/litre. A look at the GasOil future on the ICE in London shows that market expectations continue to expect high prices, right away the futures curve at the end of the year shows a price level again as last seen before Russia invaded Ukraine.
contract | Gasoil ICE London | Gas oil from the port of Rotterdam/litre | + mineral oil tax | + trading margin | + Exchange trading fees | Diesel price gross | |||||
Mar 22 | $1.097.25 | €0.8383 | €1.3087 | €1.6339 | €1.6392 | €1.9497 | |||||
Dec 22 | $822.25 | €0.6282 | €1.0986 | €1.4238 | €1.4291 | €1.6996 | |||||
dec23 | $750.00 | €0.5730 | €1.0434 | €1.3686 | €1.3739 | €1.6340 | |||||
dec24 | $724.25 | €0.5533 | €1.0237 | €1.3489 | €1.3542 | €1.6105 | |||||
Dez. 25 | $ 714,75 | 0,5461 € | 1,0165 € | 1,3417 € | 1,3470 € | 1,6019 € | |||||
Dez.26 | $709.75 | €0.5423 | €1.0127 | €1.3379 | €1.3432 | €1.5974 | |||||
Dez. 27 | $ 704,50 | 0,5382 € | 1,0086 € | 1,3338 € | 1,3392 € | 1,5926 € |