Inflation day

  • Oil

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. 

Inflation day
Share this news :

You might also read :

ES-oil
November 16, 2021

Nigerian crude demand remains elusive

Crude prices continued to hover around the 82 $/b for ICE Brent Jan delivery, amid falling diesel cracks in Europe and the US. Indeed, refining margins…
ES-economy
January 6, 2022

The Fed Minutes Thunderclap

The correction of the equity markets continues in the wake of the violent fall of the Nasdaq yesterday evening (-3.34%). Long-term bond yields also continue to rise: the…
ES-gas
July 1, 2022

Prices maintain their bullish trend

European gas prices were up overall yesterday, still supported by uncertainties on Russian supply and LNG flows (following the shutdown of the US Freeport LNG…
Join EnergyScan

Get more analysis and data with our Premium subscription

Ask for a free trial here

START A FREE TRIAL
Subscribe to our newsletter
LOG IN

Don’t have an account yet? 

Sign up here!
[booked-calendar]