In our latest gasoline market commentary:
> The outlook for the E/W remains positive with rising options for Singapore on the Western market, with Mexico, Peru and Ecuador as alternatives
> RBOB arb from Europe was closed for blenders, now it is also for refiners. Rising freight and lower gas-nap keep harming the economics for the end of Q3 and Q4
> European market keeps losing options to export to both the US and LATAM, weaking EBOB complex outlook
> Despite an uptick in the TA arb, driven by RVO, and cracks trading slightly higher on lower brent, the Atlantic Basin market remains under pressure on rising stocks and few arbitrage options
