In our latest distillate market commentary:
> WCI (and some AG) diesel arbs continue to point East, whilst the USGC TA arb is closed, but has flashed open at points in the very prompt in the last 2 weeks
> Singapore diesel cracks and spreads exhibit gains, over the last week, whilst the equivalents in the US and EU remain largely flat
> Discussion of potential/probable run cuts in Asia, and perhaps EU, intensifies
> It is important to monitor signs such as ARA barge diffs, but the global diesel picture appears to become more positive from here
