Sparta Commodities

Lowest ARA gasoil stocks this year, E/W to reverse recent narrowing as WCI barrels, on paper, point to Singapore

In our latest distillate market commentary:

> WCI arbs, on the back of a sharply narrowing E/W, now point at Singapore

6 September 2023

Atlantic Basin support eroding as focus shifts to EoS in Q4

In our latest gasoline market commentary:

5 September 2023

Contango on the horizon as pricing turns to Q4 challenges

In our latest naphtha market commentary:

> Bearish week on the OSN paper markets following Asian arb reduction and a weak petrochemical outlook

31 August 2023

US diesel tightness further contributes to E/W widening as 3rd Chinese export quotas announced

In our latest distillate market commentary:

> Middle Eastern arbs point West with some flow transatlantic, even from Europe

30 August 2023

European tightness continues to drive market, exposing PADD-1 into Q4 and providing support to the East of Suez market

In our latest naphtha market commentary:

29 August 2023

Panama Canal demurrage leads to an unbalanced heavy market

In our latest naphtha market commentary:

> Heavy naphtha differentials strengthen worldwide

24 August 2023

Global cracks rebound, Middle Eastern arbs in high demand whilst USGC arbs closed

In our latest distillate market commentary:

> Global cracks and spreads rebound and outstrip losses of previous week

23 August 2023

European strength continues to dominate, offering winter strength to Asian markets

In our latest gasoline market commentary:

> TA arb remains extremely shut through September and is now also closed for ARA blenders through the remainder of 2023

22 August 2023

EoS arbs point to Europe, TA arb closed, will this be enough to dampen Q4 spreads?

In our latest distillate market commentary:

> EoS arbs point to Europe, increased HOGOs have closed the TA arb

10 August 2023

The naphtha market extends its summer gains with Asia continuing to lead the way

In our latest naphtha market commentary:

> Asia remains the market-leading region as globally, naphtha prices continued to strengthen this week, further widening the backwardation by $1/mt to c...

10 August 2023