Sparta Commodities

North Sea to remain strong for a few more weeks and Q4 headwinds weakening slightly

In our latest crude market commentary:

19 August 2024

Twist of freight: Plummeting ship rates insufficient to reopen near-term naphtha arbs; FOB values to remain strong as refinery works loom

In our latest naphtha market commentary:

15 August 2024

Are we seeing the start of the recovery in both diesel and jet globally?

In our latest distillate market commentary:

14 August 2024

Europe regains competitiveness amid freight adjustments, but Eastern competitiveness into the West keep timespreads and cracks under pressure

In our latest gasoline market commentary:

13 August 2024

Market rebound belies mixed signals in physical crude

In our latest crude market commentary:

12 August 2024

Shut tight: More global naphtha arbs in the red as refinery output dries up ahead of maintenance; spread, crack strength to linger

In our latest naphtha market commentary:

8 August 2024

The short term appears decidedly bearish, but could Q3 global maintenance and somewhat improving demand be enough to turn around an ailing distillate market?

In our latest distillate market commentary:

7 August 2024

Gasoline markets pinning hopes on late-summer disruptions, but Atlantic Basin in particular facing significant headwinds

In our latest gasoline market commentary:

6 August 2024

Deferred WTI/Brent spreads need to narrow in the short-term

In our latest crude market commentary:

5 August 2024

The heat is on: Slackening Asian naphtha demand constricts E/W spread as petchems consumption slows; and Med, ARA output thins

In our latest naphtha market commentary:

1 August 2024