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.

Share this news :

You might also read :

January 3, 2022

OPEC likely to bring more supply given the Dubai market structure

Supplies issues continue to creep up in OPEC nations, as the Libyan output continues to be impacted by multiple political and technical hurdles. Libyan exports were…

February 19, 2021

Has bad news become bad news again?

When US jobless claims figures showed an unexpected second increase in a row yesterday, we thought the stock and bond market would both love them,…

August 25, 2021

The rebound in clean fuel costs continued to pull curve prices higher

NWE spot baseload power prices were almost stable yesterday, to €89.703/MWh on average for today delivery (compared to €88.545/MWh /MWh for Tuesday), as the impact…

Join EnergyScan

Get more analysis and data with our Premium subscription

Ask for a free trial here

Subscribe to our newsletter

Iranian talks adjourned

You might also read :

OPEC likely to bring more supply given the Dubai market structure

Has bad news become bad news again?

The rebound in clean fuel costs continued to pull curve prices higher

Simplifying energy markets