Can new middle distillates supply options offset geopolitical risk?
Asian middle distillate markets are entering the remainder of the fourth quarter with competing forces pulling the supply balance in different directions. Additional Chinese refined product export quotas could increase gasoil and jet fuel availability, while changing Russian diesel trade flows are reshaping global supply routes. At the same time, uncertainty surrounding the Strait of Hormuz continues to raise questions over Middle Eastern exports, freight costs and regional supply security.
In this episode of the Platts Oil Markets Podcast, Jonathan Nonis, associate editorial director for…
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