USGC supply dominates an exacerbated European short, WCI primary for Singapore, as refinery issues cut supply in the European continent

Sparta reports that USGC supply is filling a European ULSD shortfall after refinery problems cut European output. ARA gasoil stocks reached their lowest level since 2022, and the USGC ULSD differential fell from -7 to -8 cents per gallon over the past week.