Diesel futures rose to their highest in over four months as refinery attacks linked to fighting in the Middle East and Ukraine tightened supply, raising inflation concerns and exerting broader pressure on commodity prices. ICE diesel futures gained as much as 4.2%, reaching their strongest level since April 9. Diesel-to-Brent crack spreads remain elevated after hitting a record last month. European diesel continued to rise, widening its premium to Asia. Diesel has climbed more than 50% since the

Liaoning held a provincial video conference on Sept. 1 in Shenyang to step up investment promotion. The province directed authorities to leverage its industrial base, leading firms, transport nodes, science-and-education resources and natural endowments to carry out targeted attraction. Industrial priority will follow the “2211” industry system, focusing on extending, completing and strengthening supply chains and on new technologies, new business forms and new models; provincial officials will compile industry-chain and investment maps and pursue targeted outreach to priority firms to link large, medium and small companies and upstream-downstream suppliers. On fund attraction, Liaoning will use a provincial mother fund to guide new-productivity investment, adopt a “mother fund + subfund” structure, and explore a recruitment path combining top-institution selection and recommendation, joint provincial-city state-capital promotion and social capital co-investment, promoting capital+scenarios+services to drive industrial agglomeration.

US soybean futures rose to a near three-year high after a US renewable-fuel waiver decision altered the outlook for biofuel demand. The EPA on Monday issued 1.76 bln small-refinery exemption credits for the 2025 compliance year — the largest SRE issuance since 2017 — which lowers small refineries’ immediate renewable-fuel blending obligations. The agency unexpectedly said it will reallocate the gap between projected and actual 2025 waivers into 2026 and 2027 blending mandates, effectively postponing the lost biofuel demand to future years and easing prior farmer concerns about a demand hit.