Exxon, BP, Vitol ship most US fuels to Australia for a single month in three decades, traders say
19 March 2026
Time to read: minutes
“There will definitely be more need for these types of (arbitrage) flows,” said Neil Crosby, VP of Oil Analytics at Sparta Commodities, adding that the cheapest source of gasoline barrels into Australia now is Houston, followed by ARA. More flows will likely emerge “the longer this crisis goes on” and “the clearer it gets how ‘short fuels’ Asia is suddenly becoming.”
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