Oil Market
Q3 refined-products outlook: middle distillates stay firm
Trading Desk
Middle-distillate margins remained resilient through the third quarter, supported by a heavier-than-usual refinery maintenance schedule and steady industrial demand.
We expect balances to stay tight into the winter heating season, with arbitrage economics continuing to reward flexible storage and prompt supply capability.
As always, this commentary is illustrative placeholder content and does not constitute trading advice.
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