Petroecuador tender shows divergence in Latam gasoline, diesel markets

Petroecuador unveiled bids April 14 for a six-cargo 80 RON tender discounted to its gasoline formula in contrast to the diesel market where recent Latin American tenders have seen much higher premiums than the past. Ecuador’s state-owned oil company received three offers for the 1.77 million barrels tender, with Trafigura offering to sell at a $1.51/b discount to the Platts…