Sparta Commodities

Diesel continues to be very flat; closed arbs, maintenance in Asia and poor demand, whilst jet gains despite open arbs

In our latest distillate market commentary:

23 May 2024

WAF remains one of few outlets for Europe, while competitive EoS market and poor E10 blend margins suggest further weakness for ARA

In our latest gasoline market commentary:

22 May 2024

North Sea weakens further, arbs East opening further, but poor demand prevails

In our latest crude market commentary:

21 May 2024

Unseasonably tight Asia pro-nap swaps unsustainable, weaker Europe to turn more Med cargoes East in July; US-ARA arb reopens on paper in Q4

In our latest naphtha market commentary:

16 May 2024

Remaining very cautiously bullish, ending of EU turnarounds and poor US diesel demand contrast with Asia Pacific turnarounds and “potential” runcuts

In our latest distillate market commentary:

15 May 2024

Collapsing component premiums in the AG raising threat of further pressure on Atlantic Basin markets

In our latest gasoline market commentary:

14 May 2024

Arbs East verging on open; but anaemic demand still weighing on crude for now

In our latest crude market commentary:

13 May 2024

Weaker naphtha cracks, time spreads to challenge near-term arbs; slim window for Med product to find Asian homes appears

In our latest naphtha market commentary:

9 May 2024

Remaining very cautiously optimistic on diesel and jet pricing from here, despite positions held in the market

In our latest distillate market commentary:

8 May 2024

Flat price tumble sees North Sea-East arbs beginning to open, WTI beginning to lose competitiveness abroad

In our latest crude market commentary:

7 May 2024