Crude prices rise as US inventories drop

Oil
April 15, 2021

ICE Brent prompt contract jumped to 66.7 $/b, returning close to 5% on a daily basis, on Thursday as US petroleum markets were getting increasingly tighter, as reported by the EIA.

Share this news :

You might also read :

March 25, 2021

The rise in the euro area confidence indicators likely reflects increasingly loose lockdown measures

The sharp rise in the euro area PMIs as well as the consumer confidence indicators is at odds with the current narrative concerning the euro…

March 1, 2022

Crude oil prices remain under pressure

The change of reference contract has brought Brent 1st-nearby back below $100/b, but it has already resumed its march back through that level. There is…

October 25, 2021

Time spread jump

Crude prices hiked on early Monday, with ICE Brent reaching 86.1 $/b. The most surprising move came late Friday when ICE Brent forward curve steepened, with…

Join EnergyScan

Get more analysis and data with our Premium subscription

Ask for a free trial here

Subscribe to our newsletter

Crude prices rise as US inventories drop

You might also read :

The rise in the euro area confidence indicators likely reflects increasingly loose lockdown measures

Crude oil prices remain under pressure

Time spread jump

Simplifying energy markets