Market Eye: Asian Turnarounds Ease, Gasoil Supply Grows

摘要

East of Suez gasoil supply loading in August is likely to increase as many refineries return from turnarounds, new processing capacity ramps up, Indian appetite for imports falls, and a rare reverse arbitrage points European product eastwards to Asia. Gasoil is one of the most important parts of Asia's products slate and shifts in its regional supply-demand balance are always of significant interest to Asia-Pacific refiners and other market players.