... subsidize gasoline for the population to avoid social discontent. Meanwhile, in the Middle East and India, refining is booming: local refineries, oriented towards exporting diesel and jet fuel, are operating at maximum capacity, saturating the global market with oil products. On the other hand, structural changes in the industry—such as the closure of several outdated refineries in Western Europe and the U.S. (including the decommissioning of some facilities in California)—pose risks of localized supply reductions in the future. However, as of now, summer 2025 is relatively quiet for the ...

... subsidize gasoline for the population to avoid social discontent. Meanwhile, in the Middle East and India, refineries are hitting records: local refineries focused on diesel and jet fuel exports are operating at maximum capacity, saturating the global market with oil products. On the other hand, structural changes in the industry—such as the closure of several outdated refineries in Western Europe and the U.S.—pose risks of local supply reductions in the future. However, for now, the summer of 2025 is passing relatively calmly for the oil products market: fuel prices in most regions are ...

... developing economies are forced to subsidize gasoline prices to avoid social unrest. Meanwhile, in the Middle East and India, record levels of oil refining at refineries oriented towards exporting diesel and jet fuel are helping to saturate the global market. On the other hand, structural changes – such as the closure of several old refineries in Western Europe and the US (for example, the planned conservation of some facilities in California) – are creating risks of local supply reductions in the future. For now, however, the summer season of 2025 is proceeding ...

... subsidize gasoline for the public to avoid social discontent. Meanwhile, in the Middle East and India, oil refining is achieving records: local refineries, oriented towards exporting diesel and jet fuel, are operating at full capacity, saturating the global market with products. On the flip side, structural changes in the industry – for instance, the closure of several outdated refineries in Western Europe and the U.S. (including the mothballing of some capacities in California) – create risks of localized supply reductions in the future. For now, however, the summer of 2025 is relatively calm for ...

... region. In the latter half of the day, attention will shift to corporate earnings . Special emphasis will be on Big Tech : the results of Apple and Amazon, key components of the S&P 500 that set the tone for the Nasdaq, will be released after Russian market closure but will dictate sentiment for Friday's trading. Investors should evaluate not just the figures themselves, but also the outlooks of these giants—as they will reflect demand conditions in the technology and e-commerce sectors. Additionally, ...