Monthly Americas Chart Pack
June 2026
Take a step back with our monthly chart pack, where analysts highlight the most important trends and visuals shaping the oil market in the Americas for the month of May.
Oil Narratives
Crude
Light Ends
Middle Distillates
Freight
Americas Chart Pack: June
Introduction
The Iran-US MoU signed on 15 June has started to ease crude prices, but US refined product inventories remain 11,900 mbbl below seasonal norms. Diesel is near minimum workable levels, USGC jet diffs have slid to -30 cpg, and clean USGC tonnage stands at 18 ships against a 90-day average of 14. A potential export ban on refined products is the summer's defining tail risk.
"US total refined product inventories sit approximately 11,900 mbbl below seasonal norms year-on-year, as the US continues to serve as the global 'barrel of last resort.'"
Nikolas PlonskiOil Market Analyst
Nikolas PlonskiOil Market Analyst - Americas
Nikolas Plonski is an Oil Analyst for Sparta Commodities focused on cross-barrel analysis of the Americas. Having been a distillates trader at Gent Commodity trading and analysing markets, Nikolas is an accomplished analyst in the oil markets.
