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.
Today in oil and natural gas markets:
A closer look at fund managers' energy market futures and options positioning
Rolling prompt Brent-WTI spread narrowed over 60% from the Jan 2-Jun 12 average of $3.14/bbl to $1.25 on June 13
Mid-East conflict pulls NYMEX higher as Qatari LNG exports come into focus
After several waves of escalating exchanges since Israel’s initial strikes late last week, the Israeli campaign against Iran expanded to include direct attacks on Iranian energy infrastructure on June 14-15.
May CPI and PPI inflation data came in below expectations for the third consecutive month despite persistent calls that tariff-related impacts will arrive "next month"
Trends in U.S. refinery slates and crude imports show steady consolidation in supplying countries and adaptation to lighter runs
Global container freight rates hit a 16-month low in May as the aftermath of importers' front-loaded cargoes subsides