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Asia’s gasoil east-west price spread at widest discount in over a year – data

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Published09 FEB 24 - 10:37 Reading time  minutes

“WCI exports are now directed towards Singapore rather than Europe, owing to the elevated freight costs associated with European bound voyages,” said Sparta’ James Noel-Beswick.

Reuters, February 9, 2024 – James Noel-Beswick from Sparta noted that West Coast India (WCI) exports of gasoil are now directed towards Singapore rather than Europe due to the high freight costs associated with voyages to Europe.

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