Sparta Commodities

Low ULSD inventory in US/Europe but also low demand, AG ULSD arbs continue to point West

In our latest gasoline market commentary:

> European strength/tightness continues to pull AGULSD arbs

5 July 2023

PADD-1 tightness bolsters Atlantic mogas market, AG barrels looking to take advantage

In our latest gasoline market commentary:

> Prompt TA arb springs back to life on the back of tight PADD-1 fundamentals

3 July 2023

Signs of ULSD tightness in Europe, pressure on Singapore ULSD as South Korean refineries return from maintenance

In our latest distillate market commentary:

> USGC ULSD arb to Europe closes as AG and Red Sea arbs point firmly to EuropeHO, GO & Singapore GO spreads come off at the front this week but ...

28 June 2023

Is this another buy the dip moment?

In our latest gasoline market commentary:

> Gasoline market exhibiting signs of weakness on both cracks and spreads

26 June 2023

Atlantic Basin strength on the back of ULSD tightness, AG/WCI arbs point to Europe

In our latest distillate market commentary:

> AG/WCI arbs, and briefly this week TA arbs, point to Europe

21 June 2023

Strength exhibited in the global distillate market, all markets move into backwardation

In our latest distillate market commentary:

> AG/WCI ULSD arbs continue to point at Singapore

14 June 2023

Prompt TA arb re-opens on wider gas-nap whilst AG discounts return to challenge Atlantic Basin destinations

In our latest gasoline market commentary:

> Narrowing TA is closing opportunities for ARA barrels into LatAm, but prompt TA has reopened

12 June 2023

Ceiling reached as weak naphtha provides anchor to gasoline complex

In our latest gasoline market commentary:

> TA Arb closes as rising MR freight rates shut down the opportunity for non-refiner barrels

9 June 2023

Market Commentary

Winter Is Finally Coming

Geneva, October 2022 - Market analysis from pre-trade analytics platform Sparta reveals European gasoline supply should be settling into a more familiar winter pattern in the weeks ahead.

16 November 2022

Market Commentary

East of Suez remains pressured as Atlantic basin moves beyond covid

Geneva, October 2022 - Market analysis from pre-trade analytics platform Sparta Commodities reveals pressure is set to remain on the Singapore light ends markets.

1 November 2022