In our latest distillate market commentary:
> AG/WCI arbs continue to point East and all arbs into Europe appear closed
> ICE GO, HO & Singapore cracks and spreads exhibit gains over the previous week
> Most diesel tankers continue to transit via the Red Sea and Suez-canal, and not via the Cape
> Global cracks to move up from current positions into Q1 2024, especially in the Atlantic Basin
