ICE reportedly said to raise gasoline futures trading margins by more than 4x and more than double Brent margins

The reported increase in trading margins for gasoline futures by over 4x and more than doubling Brent margins indicates heightened volatility or risk in these markets.

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Iran Supreme Leader says Iran is not seeking war but will not forfeit its rights

An official source told Al-Hadath: Negotiations between Lebanon and Israel will be held next Tuesday in Washington... and Beirut is demanding that a ceasefire be implemented alongside the start of negotiations.

ICE reportedly said to raise gasoline futures trading margins by more than 4x and more than double Brent margins

A Lebanese official told CNN there would be “no negotiations under fire” in response to Israel’s plan to offer to start “direct negotiations” with an aim to ending hostilities.

NY Fed RRP op demand at 0.40bln (prev. 0.18bln) across 4 counterparties (prev. 4) on April 9th

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This significant adjustment may reflect underlying supply concerns or speculative pressures, and it could deter some traders due to the increased capital requirements, potentially impacting liquidity and price movements in crude and refined product markets.

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