Latam emerges as key driver for road fuel strength
Authors Vortexa Market Research Team
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Latam imports of gasoline & diesel are on track to hit a multi-year high of 1.93 mn b/d in July. We see the growing appetite in Latam for road transportation fuels as a demand-driven pull, with gasoline and diesel volumes arriving from as far away as the Middle East and India to fulfill hefty import requirements.