Inflation day

Oil
June 10, 2021

ICE Brent price declined to 71 $/b after a rather mixed EIA report showing crude draws combined with large product builds, as US refineries ramped up their utilization rate to 91% and product imports were at record high values. US inflation numbers could shape the crude market dynamics for this week.

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Inflation day

You might also read :

Prices up on the spot, down on the far curve

Power and emissions prices rebounded on stronger gas, potential heatwave and option trading

OPEC passes on its turn

Simplifying energy markets