Omicron less scary
The week started badly, but optimism seems to be prevailing again. The Omicron variant is still spreading at an extremely high rate (over 100k per day in…
ICE Brent crude prompt contract remained under pressure, at 62.7 $/b, as gloomier economic prospects and low volatility dented financial flows in the market, with money managers exiting the market at a fast pace. Indian refined product sales declined by 0.1 mb/d in March when it is usually a strong month for Indian oil demand.
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