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 4, 2021

New spike in risk aversion fuelled by higher bond yields

Risk aversion returned on financial markets yesterday, as a key measure of inflation expectations topped 2.5% in the US, which drove bond yields higher. Yet,…

January 20, 2022

European prices down on ongoing strong LNG supply and rebound in Norwegian flows

European gas prices weakened yesterday, pressured by the additional drop in Asia JKM prices (-4.54% on the spot, to €64.323/MWh; -7.96% for the March 2022…

March 2, 2022

Bond yields and equities sharply down, USD up

We were trying to find explanations for the wait-and-see attitude of the markets yesterday. It didn’t take long for this attitude to be shattered: energy prices…

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 :

New spike in risk aversion fuelled by higher bond yields

European prices down on ongoing strong LNG supply and rebound in Norwegian flows

Bond yields and equities sharply down, USD up

Simplifying energy markets