China puzzles the market
In April, China’s independent refineries were instructed to run harder whilst the state-owned...
18 MAY 26 - 14:44
China puzzles the market
In April, China’s independent refineries were instructed to run harder whilst the state-owned...
18 MAY 26 - 14:44
Physical in the doldrums but risk still for a rally
The arb picture in the East is compressing, but WTI and heavier LatAm still hold the best margins.
18 MAY 26 - 12:25
APAC Chart Pack May 2026
Sparta’s Chart Packs are ready-made collections of charts that highlight key commodity market...
14 MAY 26 - 07:34
Time for physical to shine
Lack of deal breakthrough should see global refining step out to buy up barrels.
11 MAY 26 - 13:01
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
Summer WTI-Rott arb closure still looking likely
Summer WTI-Rott arb closure still looking likely.
06 MAY 26 - 11:36