TREE NEWS reports: Night session futures opened with low-sulfur fuel oil and crude oil up more than 4%, while fuel oil gained nearly 4%. Polypropylene rose close to 2%, and pure benzene, plastics, liquefied petroleum gas and propylene each added over 1%. Methanol fell more than 3%, with TSR 20 down over 1% and PVC, wood pulp, soda ash and Shanghai gold each down nearly 1%.
Night futures open: LPG, crude oil up over 4%, fuel oil up nearly 4%
The breadth of gains across crude, fuel oil and LPG suggests the move is being read as an energy-complex event rather than a single-contract story, which matters for anyone tracking input costs along the refining and petrochemical chain. The split is just as telling: methanol and TSR 20 falling while polypropylene and benzene rise points to diverging fundamentals within the same complex, not one uniform risk bid. Whether that divergence persists once the night session gives way to the next day's trading is the open question.
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