Asia-Pacific regional medium sweet crude premiums ease with weaker product cracks

Cash differentials for Asia-Pacific regional medium sweet crudes have headed south in the February 2023-trading cycle on the back of weaker gasoil and jet fuel products cracks, market sources told S&P Global Commodity Insights. Middle distillate products cracks have softened in December, with the Platts second-month gasoil and jet swap cracks versus Dubai crude averaging $33.09/b and $30.46/b, respectively, in…