Sparta Commodities

Cracks and spreads soar, stronger NY market, but blending demand support is set to fade

In our latest naphtha market commentary:

16 November 2023

Asian and European generally weaker but some pricing centre risk remains in the USAC

In our latest distillate market commentary:

15 November 2023

PADD-3 desperation to export barrels piles bearish pressure on wider Atlantic Basin market

In our latest gasoline market commentary:

14 November 2023

Brent collapse boosts naphtha cracks while Panama delays impact Asian propane-nap spreads and eastbound arb prospects

In our latest naphtha market commentary:

9 November 2023

Strong signs of global gasoil weakness manifesting as 2024 WCI arbs point East

In our latest gasoline market commentary:

8 November 2023

ARA barrels looking increasingly for outlet to the East, as EoS market strengthens despite maintenance coming to a close

In our latest gasoline market commentary:

7 November 2023

Crack rebound looks overdone on weak fundamentals outlook as physical premiums remain sluggish

In our latest naphtha market commentary:

> Increased volatility in both Asian and European spreads. Europe maintains contango until the end of the year, while in Asia it is only sustained in th...

2 November 2023

EBOB hangs on but plummeting Houston market is a red flag

In our latest gasoline market commentary:

31 October 2023

Weak gasoline adds bearish pressure to naphtha demand for blending while E/W collapses after reaching $10/mt

In our latest naphtha market commentary:

> The bearish trend in the gasoline market is confirmed on both sides of the Atlantic with significant drops in RBOB and EBOB spreads

27 October 2023

West Coast India lands best into Singapore whilst Europe pulls more from the US Gulf Coast

In our latest distillate market commentary:

26 October 2023