Bloomberg: US Non-Contract Refined-Oil Imports From Asia May Rise 72%

“Referring to Poten’s recent opinion “The Pacific Arbitrage”, Bloomberg stated that “U.S. ‘arbitrage’ imports of refined-oil products from Asia outside of contracted deliveries may rise 72 percent this year.” “Strong demand for high-quality refined products will continue on the U.S. west coast, but there is uncertainty as to how long the price arbitrage window will remain.”