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In this episode, the team recaps the major discussions from APPEC, and analyses current trends in crude oil, gasoline, and naphtha markets, highlighting bearish market sentiment due to refinery run cuts, rising inventories, and weak demand. They explore the potential for further drops in crude prices, driven by Cushing stocks, while also noting tight competition in the gasoline market between Europe and the U.S. Naphtha, though currently strong, is expected to see a correction soon as petrochemical demand weakens.