Inventories spring cleaning

Oil
June 14, 2021

ICE Brent prompt contract traded above 73 $/b, as demand continued to outpace supply, according to Kpler inventories measurements. Regional price differentials are already starting to reflect these inventory dynamics. Indian demand in May dropped by 0.6 mb/d due to the resurgence of the pandemic, according to government statistics.

Share this news :

You might also read :

May 11, 2022

Prices up after Russian flows through Ukraine drop

European gas prices rebounded yesterday after one of the two entry points for Russian gas transit through Ukraine stopped operating (see the news we released…

EnergyScan, podcast, ENGIE, ENGIE Gems, Macro, Oil, Energy

March 25, 2024

Macro & Oil Report: Central bank rate cuts: hope revives, but caution remains

Central bank rate cuts: hope revives, but caution remains Macro & Oil #97 A consensus seems to be forming in favour of a general cut…

July 7, 2021

EUAs and power prices collapsed alongside the wider markets

The European power spot prices jumped near 100€/MWh yesterday as the forecasts of dropping wind output offset the falling clean gas and coal costs. The…

Join EnergyScan

Get more analysis and data with our Premium subscription

Ask for a free trial here

Subscribe to our newsletter

Inventories spring cleaning

You might also read :

Prices up after Russian flows through Ukraine drop

Macro & Oil Report: Central bank rate cuts: hope revives, but caution remains

EUAs and power prices collapsed alongside the wider markets

Simplifying energy markets