EnergyScan

Improving outlook for China

Brent futures prices edged higher at 56.3 $/b for the front-month contract, as the API survey reported a sizable draw in crude oil inventories. At the same time, Chinese official statistics on daily coronavirus cases trended lower, at 75. Japanese refinery utilization rates rose back to 80% this week, underlying the heating demand in the archipelago.

us-weekly-stock
Share this news :
Share on twitter
Share on linkedin
Share on email

You might also read :

ES-oil
July 15, 2021

Potential deal for OPEC+ nations

ICE Brent prompt contracts declined to 74 $/b, from 76.5 $/b between Tuesday and today, as sources within OPEC+ mentioned that a deal was within…
Join EnergyScan

Get more analysis and data with our Premium subscription

Ask for a free trial here

Subscribe to our newsletter
Thank you for subscribing to our newsletter​

We will get back in touch with you soon.

Don’t forget to follow us on twitter!

EnergyScan - Newsletter subscription

Don’t have an account yet?  Sign up here!

[booked-calendar]