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European low sulfur VGO market facing bearish headwinds on sinking gasoline cracks

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Listen: European low sulfur VGO market facing bearish headwinds on sinking gasoline cracks

The European low sulfur vacuum gasoil market has been facing bearish headwinds in recent weeks on the back of rapidly weakening gasoline cracks. S&P Global Platts EMEA fuel oil managing editor John Morley is joined by editors Tamara Sleiman and Solomon Lanitis to examine the current state of the European VGO and gasoline markets, and to explore the possibility that weaker gasoline cracks could lead to refinery run cuts in the coming weeks.