In our latest gasoline market commentary:
> EBOB has risen sharply, both against crude and other regional benchmarks as the European market is asked to fill in for disruption elsewhere
> Historic gas-nap spreads in Europe are set to stay with blend walls already pumping high octane component premiums
> RBOB blend costs are down significantly, but negative paper spreads and a small TC2 recovery keep RBOB arb shut
> The market in the East of Suez is experiencing something of a lull, with major exporters supplying greater volumes once more and the freight market settling down a bit
> In the US, outages are starting to pump component pricing up as octane availability is already starting to rear its head once more
