1) Distillate is trying to drag crude and RBOB higher. The cracks and the RBOB/ULSD spread are working against the distillate bulls at the moment to hinder that effort. Suggest keeping a close watch on these spreads for any signs distillate may not be able to achieve escape velocity. 2) The Persian Gulf is not the only gulf to have eyes on … activity is picking up in the Atlantic.
Access to this selection is not included in your current subscription. To learn more about your subscription options please visit the Services tab above or contact the ICAP-TA team. If you believe you are receiving this message in error, please contact the ICAP-TA team.
To contact ICAP-TA directly please call:
Already a member? Log in here