European curve prices down
European spot gas prices were mixed again yesterday, torn between the opposite impacts of lower temperatures and higher LNG supply. Once again, the trend was…
ICE Brent prompt contract reached 64.43 $/b as US stocks showed draws in crude and distillate inventories, while gasoline built by 5 mb. Japanese crude oil stocks jumped by 6 mb last week, to reach 70 mb. The continuously weak runs and supportive crude oil imports are pushing Japanese inventories higher. The weakening of the dollar also helped dollar-denominated commodities.
Get more analysis and data with our Premium subscription
Ask for a free trial here