Markets resolve to consider much less favourable scenarios
Macro & Oil Podcast #23 In this episode of the weekly EnergyScan podcast about the Macro & Oil market, Olivier Gasnier tells us about the…
ICE Brent crude prompt future continued to weaken towards 67 $/b mainly due to a rather bearish API data survey, showing that the US crude market continued to be strongly oversupplied, while Texan refineries struggled to ramp up output. Japanese markets showed weakness too, as refining runs struggled to ramp-up despite falling oil products inventories.
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