The crude complex slipped overnight and Singapore gas-oil cracks softened, pulling Melbourne's terminal gate down about 1.1 c/L. With the Aussie dollar holding near 66 US cents, the pass-through keeps favouring buyers into midweek.
We put Thursday's gate roughly 3.4 c/L below today. Any load that can hold should wait; tanks that must be topped can take a partial now and finish Thursday. The risk to the call is a firmer crude settle tonight, watch the band.