In our latest distillate market commentary:
> USGC and AG/WCI diesel arbs open and point to Europe
> Singapore and ICE GO cracks and spreads find somewhat of a floor this week
> Increasing reports of run cuts due to the poor nature of margins currently
> The current rally in diesel pricing to find a ceiling in the medium term which should present an opportunity to sell once more. However, maintenance and/or run cuts will be important to monitor here