EUAs hit new record on bullish gas and option trading
The European spot prices started to fall yesterday, driven down by forecast of surging wind output, and should drop further today with a German wind…
ICE Brent crude oil remained at 68.9 $/b, as the API survey showed a continued drop in US crude stocks while refined product stocks dipped by a combined 7 mb, highlighting the strength of the US refined product market. European refining runs were recorded at 8.6 mb/d in April, only above last year’s slump by 2.5%.
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