Markets absorb Fed announcements smoothly
For a detailed analysis of the Fed’s announcements after its meeting, you can refer to the News sent last night. Unsurprisingly, the process of reducing asset purchases should…
ICE Brent prompt contract remained relatively stable at 73.2 $/b, US product markets were under pressure as the Biden administration considered biofuel blending mandates waivers for US refiners. European cracks remained supported, with spot diesel cracks still above 7 $/b at the prompt.
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