In our latest distillate market commentary:
> AG/WCI diesel arbs point East, Asian (and US) diesel and jet arbs to Europe are also closed
> Global diesel cracks decline whilst spreads largely stabilise
> The global freight market is currently very strong
> With EU refineries continuing to come back online, to be joined by Asian refineries, and US crude runs so strong, the diesel market feels decidedly bearish from here
> Discussions of run cuts continue, particularly in Asia
