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U.S. gasoline futures extended losses, down 0.63%, after an EIA report showed a smaller-than-expected draw in gasoline inventories.

2026-08-12

U.S. gasoline futures extended losses, down 0.63%, after an EIA report showed a smaller-than-expected draw in gasoline inventories.

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2026-08-12

Russia has started importing gasoline from India after Ukrainian attacks on Russian refineries caused severe domestic fuel shortages, shipping data firm Kpler said. Kpler flagged this as Russia’s first import of automotive gasoline from a South Asian

Russia has started importing gasoline from India after Ukrainian attacks on Russian refineries caused severe domestic fuel shortages, shipping data firm Kpler said. Kpler flagged this as Russia’s first import of automotive gasoline from a South Asian country: the initial India-origin cargo arrived on Aug. 5, and more shipments may follow. The fuel was carried on tankers linked to Russia and was transshipped near Egypt before moving to Russia. Kpler chief analyst Sumit Ritolia said Indian supplies, together with continued imports from Belarus and other nearby markets, underline the severity of Russia’s domestic gasoline supply-demand imbalance and reflect refinery run-rate cuts reshaping its refined-products trade flows.
2026-08-12

The PBOC released its Q2 2026 monetary policy implementation report, saying it will continue a moderately loose monetary stance. It will enhance forward-looking, flexible and targeted policy calibration and adjust monetary-policy tools as needed to k

The PBOC released its Q2 2026 monetary policy implementation report, saying it will continue a moderately loose monetary stance. It will enhance forward-looking, flexible and targeted policy calibration and adjust monetary-policy tools as needed to keep liquidity ample and social financing conditions are relatively loose, guiding growth of social financing and money supply to match economic growth and price-level expectations. The bank said it will calibrate policy strength, timing and pace based on domestic and external economic and financial conditions and market developments, and strengthen coordination with fiscal policy to support stable growth, high-quality development and financial-market stability.
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