Flux Markets | Structural Wipeout Skip to main content

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
Share

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.

Premium Content

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

Written by

Vincent Wu

Research Associate, Flux
Vincent Wu

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.

Reversals (almost) all around!

Bullish strength and momentum in all but RBOB
9 page report

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.