4 Jul 2025
Crude oil futures were holding steady to consolidate at the top end of the week's trading range, buoyed by improved economic prospects...
Sample of Quantum price assessments:
| Friday, 02 May 2025 | Jul | Aug | Sep |
|---|---|---|---|
| Basra Light $/b | 62.77
-0.42 | 62.20
-0.89 | 61.85
-0.69 |
| Murban $/b | 62.02
-0.52 | 61.45
-0.89 | 61.10
-0.69 |
| WTI Midland cash diff $/b | 0.85
-0.05 | 0.90
-0.05 | 0.95
-0.05 |
| WTS Midland cash diff $/b | -0.25
-0.05 | -0.20
-0.05 | -0.15
-0.05 |
| Friday, 02 May 2025 | Spot | Balmo | Jun |
| Transatlantic gasoline physical arb (RBOB-EBOB) $/mt | 34.2900
-3.5000 | ||
| Naphtha FOB Singapore $/mt | 547.55
-5.75 | ||
| US Gulf Conventional Regular $/gal | 1.9400
-0.0190 | ||
| Naphtha east-west physical spread $/mt | -15.75
-2.25 | ||
| Friday, 02 May 2025 | Spot | Balmo | Jun |
| ULSD Cargo FOB NWE $/mt | 582.00
-5.50 | ||
| Gasoil 500ppm FOB Middle East $/b | 75.76
-0.28 | ||
| Diesel EFS $/mt | -16.65
-1.06 |
||
| ULSD Cargo CIF Med $/mt | 594.00
-4.75 | 592.25
-4.25 | 587.00
-3.50 |
| Friday, 02 May 2025 | Spot | Balmo | Jun |
| HSFO 380 CST (3.5% sulfur) FOB Singapore $/mt | 400.86
-7.53 | 404.25
-8.00 | 403.00
-4.75 |
| HSFO 180 CST (3.5% sulfur) Cash diff $/mt | -4.34
-7.49 | ||
| Marine Fuel (0.5% sulfur bunker) delivered Middle East $/mt | 467.75
-1.75 | ||
| HSFO 180 CST delivered Singapore $/mt | 421.50
-10.75 |
Headlines
4 Jul 2025
4 Jul 2025
4 Jul 2025
Spotlight
4 Jul 2025
Commodity trading house Glencore has reportedly agreed a deal with the UK government to continue supplying the insolvent...
4 Jul 2025
Gasoline and naphtha extended recent weakness into July amid persistent concerns over demand and oversupply...
4 Jul 2025
Diesel cracks rallied this week as concerns over supply started to resurface, with sliding inventories on both sides of the Atlantic...
Commentaries
4 Jul 2025
Middle East crude prices were steady Friday to end the week moderately higher, while the recent swings in the distillate east-wests showed...
22h ago
Benchmark crude futures inched lower Friday but still ended the week up nearly 3%, while LSGO hit fresh highs to on renewed supply concerns...
Product cracks
Asia price assessments Friday, 02 May 2025
Naphtha CIF Japan Jun $/b
-0.27
-0.70
Gasoline 92 RON FOB Singapore Jun $/b
10.18
-0.22
Gasoil (10ppm) FOB Singapore Jun $/b
15.38
-0.82
HSFO 380 CST (3.5% sulfur) FOB Singapore Jun $/b
1.79
-0.27
Europe price assessments Friday, 02 May 2025
Naphtha CIF NWE Spot $/b
-0.35
+0.32
Gasoline premium unleaded FOB AR Spot $/b
16.77
-1.39
Jet fuel FOB NWE Spot $/b
18.48
+0.23
ULSD Cargo CIF NWE Spot $/b
18.73
-0.44
Propane CIF NWE Spot $/b
-23.86
+0.50
Americas price assessments Friday, 02 May 2025
Popular
2 Jul 2025
Crude oil futures were higher for a second session on Wednesday at their highest level in a week as underlying tensions on Iran's nuclear...
1 Jul 2025
Crude oil futures were trending higher in late Tuesday trading as speculation over another steep production hike from OPEC+...
30 Jun 2025
Crude oil futures opened the week slightly lower as the geopolitical risk premium continued to deflate, while investors weighed up the...
3 Jul 2025
Crude oil futures eased slightly from the midweek highs, but benchmarks were still buoyed by renewed tensions in the Middle East, plus hopes...
4 Jul 2025
Commodity trading house Glencore has reportedly agreed a deal with the UK government to continue supplying the insolvent...
2 Jul 2025
Trading house Glencore is reportedly in talks with the UK government over the insolvent Lindsey refinery...
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Data
4 Jul 2025
Deliveries of refined oil products from Exolum terminals into the Spanish market reached the highest level in a year in June as both domestic...
3 Jul 2025
Heatwaves across much of the US are shrinking the weekly builds in gas inventories that started nearly ...
3 Jul 2025
Refined oil product inventories in Northwest Europe declined for a third consecutive week as steep draws across the barrel overshadowed a...
3 Jul 2025
US crude exports dropped 6% m-o-m in May as tariff wars tamed interest in US oil, while governments pursued new trade deals to avoid...
3 Jul 2025
Singapore's total oil product inventories edged down last week, weighed by a sharp draw in light distillates that offset a moderate build in fuel oil...
2 Jul 2025
US commercial crude stocks reversed course after five weeks of declines after imports surged nearly 1 million bpd...