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Increased gasoline flows Europe to US

OIL PRODUCTS

{us} Tight supply on US east coast has pulled an increase in gasoline flows from Europe.

  • Flows from Europe to US increased to 487kbpd this month according to Vortexa.
  • East coast gasoline stocks are at the lowest since 2012 and distillate stocks are still near record lows despite a small increase last week.
  • Flows from the gulf coast are already maximised with the Colonial pipeline running at full capacity.
  • US 321 crack is trading 0.79$/bbl higher today at 45.2$/bbl having dipped down near 40$/bbl yesterday

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{us} Tight supply on US east coast has pulled an increase in gasoline flows from Europe.

  • Flows from Europe to US increased to 487kbpd this month according to Vortexa.
  • East coast gasoline stocks are at the lowest since 2012 and distillate stocks are still near record lows despite a small increase last week.
  • Flows from the gulf coast are already maximised with the Colonial pipeline running at full capacity.
  • US 321 crack is trading 0.79$/bbl higher today at 45.2$/bbl having dipped down near 40$/bbl yesterday