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
Heating oil futures in the US rose above $4.0 per gallon, hitting their highest level in two months, as escalating tensions in the Middle East deepened concerns over global supplies of refined fuels. The collapse of the US-Iran truce and renewed tanker attacks in the Strait of Hormuz raised fears of disruptions to fuel shipments from the Persian Gulf, while Ukrainian strikes on Russia’s largest refineries continued to curb diesel exports. Seasonal refinery maintenance and years of refinery closures in the US and Europe further tightened the supply outlook. The tightening supply backdrop lifted US refining margins to record highs, with the diesel crack spread climbing above $91 per barrel. Despite a 4.6 million-barrel increase in distillate fuel inventories in the week ending July 10, EIA data showed stockpiles remained well below their five-year seasonal average.
