Lower China exports may moderate fall in Asian gasoline cracks
October 5, 2023 Comments Off
The fall in Asian gasoline cracks amid a narrowing US-RBOB Brent crack may be curbed by a decline in China’s exports, market participants said. Platts assessed the US RBOB-Brent crack at $7.16/b at the Asian close Oct. 4, narrowing on the day from $10.65/b, and on the week from $12.53/b, S&P Global Commodity Insights data showed. The front-month FOB Singapore…
Lower China exports may moderate fall in Asian gasoline cracks
The fall in Asian gasoline cracks amid a narrowing US-RBOB Brent crack may be curbed by a decline in China’s exports, market participants said. Platts assessed the US RBOB-Brent crack at $7.16/b at the Asian close Oct. 4, narrowing on the day from $10.65/b, and on the week from $12.53/b, S&P Global Commodity Insights data showed. The front-month FOB Singapore…
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