Window deal emerges first time in two weeks; August spot sales start
3 July 2025
Time to read: minutes
“The light crude slates and lack of resid at the moment appears to be hampering global diesel production,” said Sparta Commodities analyst James Noel-Beswick in a client note.
Reuters – July 3, 2025. Northwest European gasoline profit margins dropped by $1.08 to $13.83/barrel. Recent trades involved major players like BP, Trafigura, Shell, and ExxonMobil. Sparta Commodities analyst Philip Jones-Lux noted steady inventory declines and supported export economics. Meanwhile, India’s gasoline sales fell 6.9% in June from May but rose 6.7% year-on-year. EU and UK gasoline exports also slowed in July compared to June.
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