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European light ends struggle to find balance amid a culmination of bearish factors

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Listen: European light ends struggle to find balance amid a culmination of bearish factors

Noteworthy weakness in the European gasoline complex has weighed on light ends fundamentals in recent weeks. A culmination of heavy supply, combined with closed export arbitrage outlets, has lengthened the region and subsequently spilled over into the naphtha market where participants are already struggling with sluggish downstream economics. S&P Global Platts Iain Stevenson talks with Phil Reeder and Solomon Lanitis to discuss these developments and how they have played a role in recent price fundamentals.

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