Physical Supply Restoration

As idled tankers reach the high seas, the focus has shifted to the massive 'floating storage' that is now being liquidated into global markets. This influx of supply is overriding the traditional seasonal build in US gasoline demand.

Market Rebalancing

Traders are now looking at the potential for a return to OPEC+ quota debates. With the 'emergency' phase over, the market is bracing for a more competitive pricing environment in the second half of 2026.