Asia’s gasoil market is showing signs of life, despite lacklustre regional demand in the wake of widespread coronavirus outbreaks, as Europe sucks up cargoes to restock heating oil in the peak demand period ahead of winter. Steady arbitrage flows to Europe have boosted cash differentials for the benchmark 10 ppm gasoil grade in Singapore GO10-SIN-DIF …

The post Asian Gasoil Markets Perk Up As Europe Enters Peak Demand Season first appeared on Hellenic Shipping News Worldwide. Source