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US Clean Product Exports Supported by European Demand

OIL PRODUCTS

Seaborne clean product supply in the Atlantic Basin is being increasingly supported by US exports – particularly diesel markets according to Vortexa.

  • Higher demand from Europe as it seeks to replace Russian barrels is paving the way, while demand from Latin America is also ticking higher.
  • US Gulf refiners are exporting higher volumes despite historically very low middle distillate inventories.

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