Mobility goes down in Europe and India

Oil
April 12, 2021

ICE Brent crude prompt contract remained under pressure, at 62.7 $/b, as gloomier economic prospects and low volatility dented financial flows in the market, with money managers exiting the market at a fast pace. Indian refined product sales declined by 0.1 mb/d in March when it is usually a strong month for Indian oil demand.

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Mobility goes down in Europe and India

You might also read :

EUAs shed early gains as gas prices surged again

Prices up again on colder weather and ongoing weak Russian flows

Prices torn between comfortable spot fundamentals and concerns on Russian supply

Simplifying energy markets