00:01European diesel prices remained 77% above pre-war levels, even as recovering Gulf exports pushed global oil supplies above
00:11demand for the first time since the Iran war began, the International Energy Agency said on Friday.
00:17Prices have fallen sharply in recent weeks, with north-sedated crude falling 32% from an early October peak. European
00:27diesel prices fell 11% over the same period.
00:31The IEA said diesel shortages remained the market's overriding concern. Attacks on Russian energy infrastructure continued to disrupt the country's
00:40diesel exports, adding to supply losses in the Middle East.
00:44The agency said releasing emergency diesel stocks faster over the coming months would help cover the shortfall while refinery output
00:52recovers.
00:54The IEA expects global oil supplies to exceed demand in the fourth quarter, but warned that continued attacks on shipping
01:02could disrupt the recovery.
