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Structural Wipeout

Gasoline cracks and spreads sell off dramatically but have found a floor; buy-side interest seen in Jul/Aug'26 Sing 92
Published: June 1, 2026
Written by:
Vincent Wu

Vincent Wu

Research Associate, Flux
Vincent Wu
14 page report
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Gasoline's bullish run faded dramatically at the end of May as prompt cracks and spreads rapidly unwinded. Low liquidity conditions from the Singapore and London holidays also helped amplify market volatility.

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