In our latest distillate market commentary:
> Key swing supplier arbs to NWE remain broadly unworkable, which could still turn down imports into the pricing centre a notch in the next week or two
> Various indicators of physical strength in Europe are gaining ground for now
> An early powerful hurricane in the Caribbean underpins the notion of a disrupted summer for US refining operations, in addition to heat issues already emerging
> Generally more bullish oil sentiment may also contribute to further short-term gains
