Bloomberg: European Gasoline Gains; Black Sea Gasoil Declines: Oil Products

“European gasoline extended gains to trade at the highest in more than four months. Russia will reduce gas oil exports and boost fuel oil shipments from the port of Novorossiysk on the Black Sea, according to a loading program obtained by Bloomberg News. . . .  Fuel-oil shipments to Asia from Western countries in October more than doubled from a week earlier to 3 million metric tons, according to vessel-charter data and information from traders compiled by Bloomberg.  Thirteen tankers, including ten very large crude carriers, are scheduled to arrive in Asia next month after loading at ports in Europe, the U.S. and the Caribbean, data from shipbrokers including Poten & Partners Inc. show. The October volume compares with 1.43 million tons reported a week earlier. Some fixtures are provisional and subject to changes or cancellation.”