Market Outlook
Press

Window deal emerges first time in two weeks; August spot sales start

Cross BarrelCrudeDistillateFreightFuel OilGasolineJetNaphtha
Analyst briefsChart packsDeep divesEventsOpinionsPodcastsPressWebinarsWhitepapers
Published03 JUL 25 - 13:27 Reading time  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.

Author

James Noel-Beswick

Commodity Owner

Rate this article

Average rating / 5. Vote count:

No votes so far! Be the first to rate this post.

Continue reading

  • New
  • Deep dive
  • Crude

Time for physical to shine

Lack of deal breakthrough should see global refining step out to buy up barrels.

11 MAY 26 - 13:01

  • New
  • Analyst brief
  • Crude

The calm in physical won’t last forever

Plenty market chatter about the incredible weak state of crude diffs with North Sea almost below...

08 MAY 26 - 13:01

  • New
  • Analyst brief
  • Freight

MR ballaster build: supply pressure mounting across key regions

MR ballaster counts have risen sharply over the past two weeks, with the most pronounced moves in...

08 MAY 26 - 10:01

  • New
  • Analyst brief
  • Cross Barrel

Week 17 Pricing Analyst Update – Nadia Riaz – AG – Cross Barrel

Refined oil prices across the Arab Gulf continued to rise as escalating tensions between the US and...

08 MAY 26 - 09:48

subscribe_cta_image

Real time alerts, set to your specifications

Subscribe