Naphtha supplies have risen as demand for gasoline remains thin.Diesel supplies are expected to rise too,but could be limited by more refinery run cuts. Gasoline has recovered slightly against crude but remains well below recent highs(see graph).US stocks rose and spot bookings westwards fell again in what is usually one of the peak months for US gasoline imports.Tanker bookings to west Africa have been thin,but increased at the end of July as companies seek to fill Nigeria’s third-quarter import quotas.
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