Curve prices maintain their uptrend
European spot gas prices were mixed again yesterday, unable to find a strong driver. Prices on the curve were more clearly up, more sensitive to…
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.
Get more analysis and data with our Premium subscription
Ask for a free trial here
Don’t have an account yet?