Chemicals Updates

Asia and Middle Eastern Gasoline Daily Market Analysis / Iraq SOMO seeks 668,250 mt gasoline for Aug-Dec / Vietnam June gasoline imports nearly double MOM in June

Jul 17, 2026

The Asian gasoline complex strengthened July 15 and amid stable demand heard for gasoline, sources said. Blending demand for naphtha is likely to remain strong on the back of Southeast Asian refinery units heard undergoing turnarounds, thereby capping production of gasoline and in turn prop up demand, reported earlier. The Asian gasoline complex was also heard supported tracking Brent derivatives. The US RBOB-Brent crack was pegged at $51.05/b at 0300 GMT July 15, up from the of $50.31/b at the July 14 Asian close. Elsewhere, domestic demand for gasoline within the Middle East was heard robust, according to market sources based in the Middle East. Iraq’s SOMO was heard seeking 668,250 mt of 95 RON gasoline with maximum 50 parts per million sulfur for delivery over August or December to...

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