ARA pricing, sulfur limits rearrange West African gasoline flows

The gasoline arbitrage to West Africa from the Amsterdam-Rotterdam-Antwerp hub has become more difficult since new Dutch legislation kicked in April 1, with other regions taking a fresh interest, particularly the Persian Gulf. “There is less flow to WAF because of the new sulfur limits,” a source based in ARA said. “I hear the majors are cautious. They are not…