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Petrobras loads diesel from Reliance on crude tanker in India after delay

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Published06 MAY 24 - 10:18 Reading time  minutes

“Exports from the U.S. gulf coast have emerged as the prime option for arbitrage into Latin America, as Asian diesel prices remain firm, said Sparta analyst James Noel-Beswick.

Reuters, May 6, 2024 – James Noel-Beswick from Sparta highlighted that U.S. Gulf Coast exports have become the prime option for arbitrage into Latin America, as Asian diesel prices remain firm, amidst Petrobras loading diesel from Reliance in India after a delay due to tanker cleaning.

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