Naphtha, Oil Market Commentary Prompt NWE naphtha strength reopens Red Sea arb; Asia to remain unattractive for West-bound cargoes while USGC to buckle from Canadian demand loss Samantha Hartke5 hours agoMarch 28, 20240 Comments
Distillate, Oil Market Commentary A bearish sentiment is manifest; poor US diesel demand with increasing runs, all diesel arbs pointed at Europe, high North Asian diesel exports. James Noel-Beswick1 day agoMarch 27, 20240 Comments
Gasoline, Oil Market Commentary TA Arb still has some widening to go with US exports running unsustainably high and Europe still highly incentivised to produce max gasoline Philip Jones-Lux2 days agoMarch 26, 20240 Comments
Naphtha, Oil Market Commentary Strong backwardation holds in Europe but only in the prompt, Asia well supplied while US faces challenging Q2 Jorge MolineroMarch 21, 2024 5:08 pmMarch 21, 20240 Comments
Distillate, Oil Market Commentary Increasing diesel supply, poor demand and the end of European turnarounds in April leads to a bearish view on both diesel and jet globally James Noel-BeswickMarch 20, 2024 5:01 pmMarch 20, 20240 Comments
Gasoline, Oil Market Commentary European component pricing opening E10 blend margin in first step towards wider Q2 TA Arb, with plenty of support across the Atlantic to strengthen the RBOB complex Philip Jones-LuxMarch 19, 2024 4:24 pmMarch 19, 20240 Comments
Naphtha, Oil Market Commentary Backwardation continues to exert pressure in a European market that is displaying increasing blending margins Jorge MolineroMarch 14, 2024 4:02 pmMarch 14, 20240 Comments
Distillate, Oil Market Commentary Asia Pacific gasoil is weak, ME arbs point West, some surprising strength in the US whilst jet shows initials sign of recovery James Noel-BeswickMarch 13, 2024 5:03 pmMarch 13, 20240 Comments
Gasoline, Oil Market Commentary April E/W gasoline to bottom out as Asian gasoil/gasoline short emerges; Q2 TA to widen as EBOB nears ceiling, RBOB bulls eye summer demand Samantha HartkeMarch 12, 2024 4:15 pmMarch 12, 20240 Comments
Naphtha, Oil Market Commentary Asian market gains momentum for Q2 on surging petrochemical demand; European blending challenges in lower gas-nap and rising aromatic components Jorge MolineroMarch 7, 2024 2:48 pmMarch 7, 20240 Comments