Iranian talks adjourned

  • Oil

ICE Brent prices climbed to 73.8 $/b as Iranian talks held on Sunday yielded no outcome. West African barrels are now in demand, as parts of the August loading programmed were bid by European refiners, ahead of the fuel demand recovery. CFTC positioning is showing signs that the financial community is increasingly long crude futures contracts, and open interest is rising. 

 
Brent futures, money managers positioning
Share this news :

You might also read :

ES-economy
November 30, 2021

I have good and bad news…

I’ll start with the bad one as it explains the relapse of risky assets after yesterday’s rebound: Brent crude oil price close to $70/b, US 10-year yield below…
ES-economy
March 9, 2021

Market rotation continues

Higher bond yields and stronger growth expectations are driving investors away from assets that have benefited from the crisis to assets that have been left…
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]