European diesel imports are set to hit an 8-month high in H1 September amid higher flows from the East of Suez.

• This surge is expected to abate in H2 as refinery turnarounds kick-in within exporting countries.
• Diesel arrivals into the EU and UK are forecast to be 1.4m b/d in the first 15 days to September, according to Bloomberg and Vortexa data.
• This is the highest since January, when buyers looked to maximise purchases of Russian diesel before the embargo took effect in February.
• Arrivals from Saudi Arabia hit a four-month high at 317k b/d while Qatari flows rose to 112k b/d, the highest since 2016.