Energy 28 June 2026 - 19 July 2026

Saudi Aramco has launched its inaugural branded station in the Philippines, located in Sucat. ProForce gasoline debuted with a price 6.9% higher than standard fuel.

Freedom Fuel Network says gasoline volumes have climbed more than 50%, but that may be hurting its margins. Calculated using Pennsylvania's July 9 wholesale cost and the launch rack-to-break-even spread, the original $3.47 pump price now puts the fuel-only loss at about 31 cents per gallon. A typical station that started at the 68,000-gallon monthly average Tom Kloza mentioned and kept up with that volume increase would show a modeled shortfall of about $31,600 a month, not including fees, payroll, utilities or rent. The White House has said there is no subsidy on the price from the government or anyone else.

Russia’s diesel and gasoil shipments dropped by 583,000 barrels per day from July 1-10 compared to its 2025 average, down 71%. That drop is about 35% of the most recent weekly U.S. distillate-export rate. Refined fuel flows, not just crude, are now the key focus when trading resumes.

Ohio took the top spot in CNBC’s 2026 state business ranking, coming in nine points ahead of North Carolina. The state moved up as the survey focused more on infrastructure, energy, and build-ready sites, using its industrial roots to push a power-and-logistics story.