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Crude Oil Holds High Levels, Fuel Oil Market Costs Remain Supported on June 4

2026-06-04 00:55:38

According to Jin10 Futures, on June 4, crude oil maintained elevated price levels with fuel oil market costs remaining well supported. However, downstream refining margins are facing notable compression from rising input costs. Market participants show cautious purchasing sentiment, with refineries demonstrating tepid shipment activity. The fuel oil market is expected to trade sideways with narrow fluctuations.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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