In our latest gasoline market commentary:
> Nov EBOB cracks & spreads see moderate gains, pointing to a need to price itself out further from various arb locations short-term
> NWE Gas-nap spreads widen to a 2-month high but gasoline blending margins still limited by component strength
> US pressure on the wider gasoline complex is ramping up, with Houston-sourced barrels now competitive in key shorts Nigeria and even Indonesia as well as the entire LatAm