Gasoline rebounds on cargo exports

摘要

1. Light distillates were lifted by firmer interest in shipping European gasoline and naphtha to other regions, while jet fuel came under pressure from rising supplies as imports remained plentiful. Diesel margins were supported by a tightening of supply caused by lower exports from Russia’s Baltic ports. 2. Eurobob gasoline premiums to North Sea Dated crude rose to their highest in a month, supported by steady exports to transatlantic markets and a re-emergence of Asian interest in European cargoes of gasoline components (see graph).