Night futures open: crude oil falls over 3%, low-sulfur fuel oil, methanol, asphalt down over 2%

The breadth of the move is the story: energy-led selling spilling into the entire downstream complex — fuels, olefins and aromatics alike — points to a macro or cost-push driver rather than an isolated product issue, which matters for anyone holding exposure across the chain. The lone green in caustic soda and wood pulp shows the selling is not indiscriminate, so the open question is whether this is a one-session risk-off flush or the start of a sustained repricing of the energy complex.