A blockade at refineries starts to have its price and volume effects on a Western Europe nation.
As in a case of other commodities, understanding the paper market, logistics and shipping is key to many successful strategies, which evolve around the arbitrage of location prices (for example the Trans-Atlantic clean products between NWE and the U.S Gulf Coast).
The supply disruptions caused by industrial actions in France demonstrate vividly how modern economies depend on the smooth supply of critical liquid fuels but in the recent months, the bias on the paper side has regained its role in the determination of the physical opportunities. Continue reading