Prices maintained their uptrend
European spot gas prices increased slightly yesterday, supported mainly by lower-than-expected Norwegian supply. Indeed, the delayed end to maintenance at the Troll field reduced Norwegian…
Brent prompt futures reached 59 $/b on early Thursday, despite a rally in the dollar as global inventories dwindled and OPEC+ member were renewing their commitments towards a swift market rebalancing. However, the crude draws in the US were combined with a surge in gasoline stocks, as US demand continues to disappoint.
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