Diesel arbs are closed to Europe whilst US and Singapore diesel stocks reduce signals somewhat of a recovery/floor after a long period of bearish sentiment in the diesel market
    Diesel arbs are closed to Europe whilst US and Singapore diesel stocks reduce signals somewhat of a recovery/floor after a long period of bearish sentiment in the diesel market
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    Diesel arbs are closed to Europe whilst US and Singapore diesel stocks reduce signals somewhat of a recovery/floor after a long period of bearish sentiment in the diesel market

    24 April 2024

    In our latest distillate market commentary:
    > AG/WCI diesel loaders point East rather than NWE currently
    > GO E/W narrows this week, contributing to this shift
    > April diesel imports into Europe are set to reach their highest level since July 2023
    > A neutral to bullish move in global diesel pricing from here is expected due to arbs pointing away from Europe and amid Asia Pacific maintenance
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