Europe-U.S. Gasoline Cargoes Seen Steady Amid Peak Demand Period
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The number of gasoline cargoes booked for shipment to the U.S. from Europe will remain little changed over the next two weeks as the country’s peak demand period continues, a Bloomberg News survey showed.
Traders will charter a total of 21 Medium Range tankers for loading to June 25, the median in a survey yesterday and today of seven shipbrokers and traders showed. That compares with 22 vessels, each normally carrying 37,000 metric tons of the auto fuel, in a corresponding survey last week. There are 28 ships available for the trade, 17 fewer than last week.