US RBOB prices lift the global oil complex

Oil
February 23, 2021

Brent prompt future contract rallied to 66.2 $/b, as product buyers aggressively bid gasoline resources in the US to secure to supply in those highly uncertain conditions, lifting the potential for crude prices to rally. The market consensus anticipates steep draws in US petroleum markets.

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US RBOB prices lift the global oil complex

You might also read :

European prices down amid lower storage withdrawals

Bond yields seem to be levelling off despite strong US job creation, the vote on the stimulus package and soaring oil prices

Prices up on lower pipeline supply and resilient coal prices

Simplifying energy markets