Market Outlook
APAC Chart Pack August 2026
Chokepoint risk is repricing crude and freight. Here's what traders need to watch.
Published11 AUG 26 - 13:13
Reading time
minutes
Sparta’s Chart Packs are ready-made collections of charts that highlight key commodity market moves, giving traders a fast, visual snapshot of what matters without building charts themselves.
Monthly APAC Chart Pack: August 2026
Attacks near the Strait of Hormuz and Bab el-Mandeb, plus CPC drone strikes, pushed crude premiums, diesel cracks and freight rates sharply higher through July and August, even as futures stayed muted on hopes of a US-Iran deal.
Key takeaways:
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- China additional clean product quotas in August may not translate to actual exports
- Murban and Oman premiums up more than $10/bbl in July
- Singapore diesel cracks near $70/bbl, diesel-mogas spread at a multi-year high of $47/bbl
- TD3c freight at WS491 means exorbitant VLCC freight cost from Ras Tanura to Asia
- ICE Murban futures suspended upon expiry of contracts, closing a 5-year chapter
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APAC Chart Pack October 2026
Freight chaos is crushing refining margins. Here's what traders should watch.
05 OCT 26 - 14:06