In our latest distillate market commentary:
> AG/WCI arbs, and briefly this week TA arbs, point to Europe
> AG/WCI arbs, and briefly this week TA arbs, point to Europe
> Large gains in both ICE GO and HO spreads and cracks
> Shell Pernis CDU outages combined with lack of availability of Eastern cargoes
> E/W ULSD to maintain its widened postion in the short to medium term to incentivise European re-supply
