The eastern front

Published at 09:02 16 Aug 2019 by . Last edited 11:18 22 Aug 2019.

IMO 2020 has arrived. Asian diesel markets are pricing to retain more supplies from Q4 19, and European markets have responded to force the east-west arb to reopen. Contrary to our expectation last month that the weakness in conventional European diesel demand would keep cracks under pressure, the m...

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