In our latest gasoline market commentary:
> TA slams shut despite extreme gas-nap spreads and a fundamentally tight US market
> TA slams shut despite extreme gas-nap spreads and a fundamentally tight US market
> Europe continues to price strongly, with the US easing up slightly and an uptick in Asia serving to narrow the E/W spread
> Gasoline demand appears to remain healthy, with backwardation climbing in Europe and Asia whilst stocks draw further in the US
> The uptick in diesel pricing in early July has been threatening gasoline’s stranglehold on refinery yields, with the gasoline complex now being forced to respond to avoid a late-summer supply crunch
