Colder weather pushed European prices up
European gas prices increased on Friday, supported mainly by the strong drop in temperatures. The rise in EUA and coal prices (which increased parity prices…
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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