RPT-MNI BOC WATCH: More Gradual Approach Seen After 50BP Cut

MNI BRIEF: Beijing To Protect Firms From U.S. Bill - MOFCOM

MNI: SNB CUTS KEY POLICY RATE BY 50 BPS TO 0.5%

MNI: PBOC Net Injects CNY28.8 Bln via OMO Thursday

MNI: PBOC Sets Yuan Parity Higher At 7.1854 Thurs; -1.13% Y/Y

MNI: BRAZIL'S COPOM RAISES SELIC RATE BY 100BPS TO 12.25%

MNI: SWEDEN FINAL NOV CPIF +1.8% Y/Y

MNI:AUSTRALIA NOV UNEMPLOYMENT RATE +3.9%

MNI: US NOV TREASURY BUDGET -$366.8B

MNI EXCLUSIVE: EU-Mercosur Deal Close, But Likely Short-Lived - Officials

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

Mid-Day Oil Products Summary: Cracks Fall Today

OIL PRODUCTS

Diesel and gasoline cracks are weaker again today, further losses from yesterday. Uncertainty surrounds US demand ahead of a potential boost from the July 4 holiday period.

  • US ULSD crack down 0$/bbl at 25.83$/bbl
  • US gasoline crack down 0.4$/bbl at 24.06$/bbl
  • US 321 crack down 0.3$/bbl at 24.65$/bbl
  • ULSD JUL 24 up 0.7% at 2.57$/gal
  • RBOB JUL 24 up 0.3% at 2.55$/gal
  • Shandong’s 400k b/d Yulong refinery could be nearing a start with the refiner buying 740kbbl of ESPO crude for late July arrival, according to Bloomberg.
  • China’s gasoil market is expected to gain momentum some in July from rising speculative demand amid speculations of improved consumption levels in August and September, OilChem said.
  • The price difference between China’s bonded bunker LFSO and HSFO fell to $50/mt as of June 25, hitting a four-year low according to OilChem.
Energy BulletsHomepagemarkets-real-timeBulletCommodities
Energy BulletsHomepagemarkets-real-timeBulletCommodities

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.