Talk of a US diesel export ban is looming over the refined product markets, but record prices continue to drive import and export markets.
The NW Europe - USAC, Med - USAC and Asia - Mexico gasoline arbs are emphatically closed, while ex-Arab Gulf arbs remain unsurprisingly - but strongly - open.
The three jet fuel arbs are also open, with South Korea to USWC arb emphatically as the US continues to rely heavily on imports.