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 :

November 30, 2021

Strong price rebound

European gas prices rebounded strongly yesterday, supported by cold weather, ongoing concerns on Russian supply and technical buying. The rise in Asia JKM prices (+3.01% on the…

March 3, 2022

Did Powell really reassure the markets? It is doubtful

The US 10 year yield rebounded by 15bp yesterday to 1.87%, as oil prices soared and the Fed Chairman spoke to members of the House…

January 17, 2022

EUA and power prices jumped on EDF’s downward revision of nuclear output target

The power spot prices are mixed for today in northwestern Europe, down in Germany due to the wind production expected to surge near 40GW today,…

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 :

Strong price rebound

Did Powell really reassure the markets? It is doubtful

EUA and power prices jumped on EDF’s downward revision of nuclear output target

Simplifying energy markets