Global Distillates Report: Week in Review

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US exports of middle distillate finished May at a rate of 1.36 million barrels per day, the quickest pace since January. At 1.2mn bpd, exports from the US Gulf Coast in May were above the 1.03mn bpd average for exports from January to April. Exports from the west coast of India dropped to 526,000 bpd in May, the lowest level since October 2018.