S&P 500 — US Large Cap Index
FTSE 100 — UK Blue Chips
Euro Stoxx 50 — Eurozone Leaders
DAX 40 — German Equities
CAC 40 — French Market Index
Nikkei 225 — Japan Benchmark
Hang Seng — Hong Kong Index
Shanghai Composite — China Mainland
ASX 200 — Australian Market
TSX Composite — Canada Index
Nifty 50 — India Large Cap
STI Index — Singapore Market
KOSPI — South Korea Index
Bovespa — Brazil Equities
JSE Top 40 — South Africa Index
IPC Index — Mexico Market
US heating oil prices rose to around $4.45 per gallon, nearing a five-month high and leaving prices about 80% higher than a year earlier, as US distillate inventories remain well below seasonal norms. Distillate stocks fell by 2.2 million barrels to 103.4 million barrels in the week ending August 21, their lowest August level in comparable records and about 14% below the five-year average. The drawdown comes as demand is set to strengthen in the coming months, with winter heating needs and seasonal farming activity in both hemispheres likely to lift consumption. At the same time, Middle East conflict has disrupted refined-fuel flows through the Strait of Hormuz, while Russia’s diesel export restrictions and attacks on its refining infrastructure are further tightening global supplies. Strong demand is encouraging US refiners to raise output and exports, but additional shipments remain insufficient to offset supply disruptions elsewhere, keeping the refined-fuel market tight.
