Chinese runs surprise to the upside

ICE Brent prompt contract was trading at 69.7 $/b on Monday as most Texan refineries were restarted over the weekend. Furthermore, Chinese crude processing in January and February remained strong, at 14.13 mb/d, slightly above our forecasts as fuel consumption during the Lunar New Year break remained strong. 

INE-chinese-crude-oil-inventories
Share this news :

You might also read :

ES-gas
April 8, 2021

European gas prices weakened

European gas prices weakened overall yesterday, pressured by the expected rise in temperatures from today. The drop in parity prices with coal for power generation…
Join EnergyScan

Get more analysis and data with our Premium subscription

Ask for a free trial here

Subscribe to our newsletter

Don’t have an account yet? 

[booked-calendar]