In our latest gasoline market commentary:
> TA remains workable on huge RBOB blend discount in ARA despite narrowing TA spread and climbing freight rates
> TA remains workable on huge RBOB blend discount in ARA despite narrowing TA spread and climbing freight rates
> An almost $350/mt premium over naphtha in July forcing every possible naphtha molecule into the gasoline pool
> Robust end-user demand is straining the global refining complex’s ability to produce sufficient finished gasoline, with upgrading units in particular running very strong margins currently
> 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
