Insights / i-Dots note
What is moving Diesel cracks? US most resilient, NWE middle, Singapore weakest ?
By Rajesh Chopra, Chief Refinery & Petchem Analyst Visit author profile
G7 coordinated release of 100 mb of strategic reserves, front-loaded with a diesel tranche landing within 20 days. There is correction in the cracks. NWE- ICE Gasoil ~ $72.95/bbl (Nov 26) , down $5.6/bbl US - Heating oil ~ $94.45/bbl (Nov 26), down $1.86/bbl w/w SG GO …
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