Potential deal for OPEC+ nations
ICE Brent prompt contracts declined to 74 $/b, from 76.5 $/b between Tuesday and today, as sources within OPEC+ mentioned that a deal was within…
Future crude prices strengthened on Monday to reach 63.5 $/b for ICE Brent prompt month contract, as the Houthis claimed a successful attack on Saudi oil infrastructure in Jeddah, unconfirmed by Saudis authorities. However, physical crude markets continued to weaken globally. Chinese crude data showed the first signs of a refining slowdown.
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