Commodity Futures Open: Crude Oil Up 7%, Styrene and Pure Benzene Up Over 5%

The breadth of the rally — crude, styrene, pure benzene, fuel oil, propylene and ethylene glycol all moving together — points to a broad upstream and petrochemical bid rather than an isolated contract squeeze, which matters for anyone with exposure to the refined-products and aromatics chains. Coke's decline on the same screen suggests the strength is not a uniform commodities story, so the split between energy-linked and coal-linked complexes is the notable feature. Whether this reflects a sustained shift or a single-session repricing is the open question.