Free Trial

ICE Gasoil Cracks Face Upside Risk: Energy Aspects

OIL PRODUCTS

Europe has struggled to attract sufficient gasoil volumes to replenish stockpiles ahead of Autumn according to Energy Aspects – placing upside risk on ICE gasoil cracks.

  • It said that European gasoil markets are caught between lackluster demand and tightening supply conditions.
  • The Atlantic basin gasoil pool is surrendering yield to gasoline and jet fuel Energy Aspects added while the East-West arbitrage is shut on high Asian maintenance and thinning Russian flows.

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.