Flux Markets | Mind the Gap Skip to main content

Mind the Gap

The LPG complex gapped down on 08 Apr, alongside the d/d drop in crude futures amid de-escalatory comments from the US and Iran.....
Published: April 8, 2026
Written by:
Mita Chaturvedi

Mita Chaturvedi

Research Associate, Flux
Mita Chaturvedi
17 page report
Share

The LPG complex gapped down on 08 Apr, alongside the d/d drop in crude futures amid de-escalatory comments from the US and Iran. The May'26 Mont Belvieu TET propane swap contract (C3 LST) contract met congestion at the 76c/gal handle this week but gapped below 70c/gal on 08 Apr, where it met support, standing at 70.875c/gal at the time of writing.

Premium Content

To continue reading this page, please login or find our about our subscription options.

Written by

Mita Chaturvedi

Research Associate, Flux
Mita Chaturvedi

Related News

Brent Declines as Trump Cancels 20% Fee

Brent eases as Trump confirms Iran shipping blockade. China imports slump, while Brazil and Nigeria adjust fuel policies.

Brent rallies to $86.90

US-Iran conflict escalates with fresh strikes, shipping attacks and Hormuz blockade; OPEC cuts 2026 demand outlook, Venezuela output steady.

Brent Rises As Trump Reinstates Blockade

Brent rises as US-Iran tensions escalate. OPEC cuts 2026 demand outlook, while Nigeria output and global fuel security efforts grow.

Brent gaps higher but is slipping

Brent gives back early gains as traders assess US-Iran strikes, Hormuz shipping disruption and China's demand outlook.