In our latest distillate market commentary:
> EoS arbs point to Europe, increased HOGOs have closed the TA arb
> EoS arbs point to Europe, increased HOGOs have closed the TA arb
> August GO cracks and spreads have retained their elevated levels of the previous week despite dips earlier this week
> Additional OPEC+ cuts continue their bullish effect on crude flat prices
> Over the previous week, funds have been buyers of European gas oil (20 million bbls) and U.S. diesel (4 million bbls)