Overview
- Germany’s diesel price, which set a new daily record on Sunday at €2.44 per liter, rose by another 6.6 cents at Monday’s 12:00 adjustment to €2.487 as Brent crude traded above $111 a barrel.
- At least four diesel tankers once bound for Europe have changed course, including the Elka Delphi now heading to Durban, after cargoes were resold to buyers in Africa and Asia paying higher prices.
- Argus Media reports Germany has been exporting diesel and heating oil to the Netherlands because domestic buyers have paused purchases at high prices, even as European supply tightens.
- A HEM station near Berlin reported empty petrol pumps on Monday, in what market watchers warn could spread once the last pre‑blockade diesel cargo reaches Europe this week.
- The government set up a taskforce and is weighing tax relief, a flexible price cap and an EU windfall tax, while the ADAC says the noon‑only price rule enables a “risk surcharge” and urges antitrust action.