The Arb View: Atlantic Basin barrels come into play
Red Sea disruption has tightened Dubai and reopened west-to-east arbs, while the CPC halt removes roughly 800 kbd from the Med. Prompt DFL should remain supported, although Europe could get some relief if Saudi barrels are redirected west through SUMED. Asia now offers the better paper economics for Midland, and we expect physical flows to ...
We haven't written up this one. Hellenic Shipping News has the full story — the link below goes straight to it.