Oil prices 2fell %, with warnings of fuel supply amid hopes for a more stable Hormuz route
7Month 9~10Day international oil prices closed lower on concerns about the economy and hopes that the Hormuz route would become somewhat smoother. However, during the same period, signs of regional supply shortages were observed in the fuel market, leaving refineries and logistics on edge.
7Month 9Day and 10Day international oil prices closed lower for consecutive sessions. From investors’ perspective, the key point is that demand concerns and easing route risks weighed on prices.
7Month 9Day oil prices closed down % as concerns over the economy were judged to outweigh supply risks. On the same day, signs of supply shortages were detected in the fuel market, including gasoline and diesel.2,
7Month 10Day oil prices closed lower again as expectations grew that vessel traffic in the Strait of Hormuz would become somewhat smoother. Expectations of route stability are presented as a factor reducing short-term maritime transport risk.
Nevertheless, some indicators in the fuel market are still assessed as tight. In refining and logistics, there have been signs that even if crude oil prices ease somewhat, a shortage of product inventories could keep regional supply imbalances in place.
This trend shows that oil price indicators and the fuel (products) market do not always move in the same direction. Investors must consider falling crude prices and a tense products market at the same time.
(As of the time of reporting: 2026year 7month 9day~10day, based on)
Sources: Reuters
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