Market Outlook
Press

Margins hit 2-month low, premiums dip again amid ample supply

Cross BarrelCrudeDistillateFreightFuel OilGasolineJetNaphtha
Analyst briefsChart packsDeep divesEventsOpinionsPodcastsPressWebinarsWhitepapers
Published29 FEB 24 - 10:29 Reading time  minutes

“..the closure of almost all Asian origin jet arbitrage routes to Europe has contributed to a widening Singapore regrade,” said Sparta’s James Noel-Beswick.

Reuters, February 29, 2024 – James Noel-Beswick from Sparta noted that the closure of nearly all Asian-origin jet arbitrage routes to Europe has contributed to a widening of the Singapore regrade, amid a backdrop of ample supply and weakening middle distillates markets in Asia.

Read the full article here.

 

Author

Sparta

Rate this article

Average rating / 5. Vote count:

No votes so far! Be the first to rate this post.

Continue reading

  • New
  • Deep dive
  • Crude

Time for physical to shine

Lack of deal breakthrough should see global refining step out to buy up barrels.

11 MAY 26 - 13:01

  • New
  • Analyst brief
  • Crude

The calm in physical won’t last forever

Plenty market chatter about the incredible weak state of crude diffs with North Sea almost below...

08 MAY 26 - 13:01

  • New
  • Analyst brief
  • Freight

MR ballaster build: supply pressure mounting across key regions

MR ballaster counts have risen sharply over the past two weeks, with the most pronounced moves in...

08 MAY 26 - 10:01

  • New
  • Analyst brief
  • Cross Barrel

Week 17 Pricing Analyst Update – Nadia Riaz – AG – Cross Barrel

Refined oil prices across the Arab Gulf continued to rise as escalating tensions between the US and...

08 MAY 26 - 09:48

subscribe_cta_image

Real time alerts, set to your specifications

Subscribe