Oil futures were lower with the market taking U.S. threats of Russia sanctions in stride given the 50-day deadline, and the August 1 deadline for the latest tariff threats to go into effect.

Refined product prices have so far outperformed crude futures. September Nymex RBOB was up 0.8ct at $2.133/gal and August RBOB was 1.6ct higher at $2.1816/gal. September ULSD rose 2cts to $2.3875/gal, ...