Prices continued to correct downward
European gas prices continued to correct downward yesterday, further reducing their premium over parity prices with coal for power generation. They ignored the additional drop…
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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