Iranian talks adjourned

Oil
June 21, 2021

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.

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Iranian talks adjourned

You might also read :

Europe Q1 2022 prices dropped to more “rational” levels

Inflationary pressures are building. Monetary tightening approaches

Sanctions against Russia tightened

Simplifying energy markets