Inflation day

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
July 13, 2021

Low Chinese crude imports in June

ICE Brent prompt contract remained within a tight range close to 75.5 $/b, as there was little development on the OPEC+ side, confirming the tight…
ES-gas
January 20, 2021

Prices rebounded

European gas prices rebounded yesterday, supported by new weather forecasts pointing to colder temperatures and ongoing weak LNG and pipeline supply. Russian flows were almost…
ES-gas
May 12, 2021

TTF year-ahead prices breach the €22/MWh level

Prospects of below-average temperatures in the coming two weeks, a tight supply picture and soaring coal and EUA prices pushed European gas prices further high on Tuesday. The coal API…
Join EnergyScan

Get more analysis and data with our Premium subscription

Ask for a free trial here

Subscribe to our newsletter

Don’t have an account yet? 

[booked-calendar]