How the divergence between gasoline and diesel is boosting low sulfur VGO

While the European gasoline market has been increasing strengthening versus its middle distillates counterpart, weighed down by COVID-19 restrictions in Europe, this has in turn led to a growing divergence between prices of low-sulfur and high-sulfur vacuum gasoil on the old continent. In this episode of the Oil Markets Podcast, S&P; Global Platts reporters Stepan Lavrouk and Joseph Mcdonnell discuss with Joel Hanley how a lack of gasoline on the others side of the Atlantic impacts which VGO European refiners prefer to use.