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📉Why Low Electricity Prices Aren’t Always Good In 2025, Europe, the United States, and Australia are increasingly experiencing negative or near-zero electricity prices — especially during peak solar and wind hours. What this means: Overgeneration Solar and wind farms often produce large amounts of electricity simultaneously. Consumption doesn’t grow fast enough, and the infrastructure cannot

The commodity markets are showing positive sentiment today: Brent crude is trading around $67.30 per barrel, marking a steady recovery after recent declines. Prices are supported by expectations of stable demand and moderate geopolitical risks. Azeri Light rose by $0.12 (+0.18%), reaching $67.98 per barrel. This marks the second consecutive day of gains for Azerbaijani

ExxonMobil’s Fawley Refinery (UK) hit by major outage One of the core refining units at Exxon’s Fawley facility (the UK’s largest refinery) experienced an unplanned shutdown on August 5. The outage impacted jet fuel and diesel supply across Northwest Europe and the Mediterranean. Result: Spot diesel and jet fuel prices rebounded on tighter supply. Middle

(Based on LPG + refined products data from Platts & Argus) Crude & Products: Macro Picture Improving European refined products bounced back after previous losses: ULSD 10 ppm (FOB Med): up $13.5 to $679.75/mt Jet (FOB Med): up $10.5 to $682.75/mt Gasoline 10 ppm (FOB Med): up $9.5 to $705.25/mt Naphtha (FOB Med): up $2.5

Crude keeps sliding: WTI: $64.38 (▼0.78) Brent: $66.89 (▼0.75) Both benchmarks have been falling for five consecutive sessions. Since July 30, Brent is down nearly $6, WTI more than $6. This is no longer a correction — it’s sustained pressure with no bullish triggers in sight. Diesel hit hardest: Gasoil 0.25% (Arab Gulf): $84.04 (▼2.03%)

The market shows signs of recovery. Compared to August 5, most propane benchmarks and indexes are up — but there are still red zones, especially in the south. Propane Prices Climbing: ARA large cargo: +$2.25 → $444.75/mt Argus Far East Index (AFEI): +$11.50 → $514/mt Polish Domestic Index (APDI): +$1.50 → $621.5/mt Propane Bekabad: +$2.50

LPG Market Update – August 5 Indexes remained stable, but amid mixed movement in “live” deals, this feels like the calm before the storm. Argus Far East Index (AFEI): Propane: $502.5/MT, change: +$0.75 Butane: $524.5/MT, change: +$0.75 Argus Polish Domestic Index (APDI): Unchanged: $620/MT Algeria Bethioua (midpoint): Propane: $445/MT Butane: $415/MT No changes Notable shift:

AFEI (Argus Far East Index): • Propane: 551.5 $/t (-13.5) • Butane: 567.5 $/t (-17.5) 💬 Spot rates are still higher than the contractual ones, but traders are already planning for a correction. The key question is whether demand will hold up in August, or will seasonal cooling begin? Japan CFR (price with delivery): •

🔻 Declines: Butane daf Brest EUR/t — 400 → 397 €/t (−2.5) Butane ARA large cargo — 470.75 → 469.5 $/t (−1.25) Butane fob Black Sea — −5 $/t Propane-butane fob Black Sea — −5 $/t AFEI (Argus Far East Index) — −13.5 and −17.5 $/t on two lines  Increases: Poland USD/t vs ARA — +142.5 $/t APDI