Crude Complex

Mobius crude and petroleum product research

Daily Market Update - July 3, 2025

Today in oil and natural gas markets:

Jul 03, 2025

Brief: Record Midwest Refinery Runs, Cushing, and WTI-Brent

Midwest (PADD2) refineries posted back-to-back seasonally-adjusted record throughput of over 4.2 MMb/d in the second-half of June, bringing the region’s streak of 2014+ top-decile SA refinery runs to four.

Jul 02, 2025

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Daily Market Update - July 2, 2025

Today in oil and natural gas markets:

Jul 01, 2025

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Brief: Demand Signals from Global Manufacturing Activity

The J.P. Morgan Global Manufacturing PMI increased to 50.3 in June from 49.5 in May, crossing the 50.0 no-change threshold for the first time in three months to indicate a marginal expansion in global manufacturing activity and potential for upside surprises to global commodity consumption heading into 2H25.

Jul 01, 2025

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