Mobility goes down in Europe and India

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.

road-traffic-india
Share this news :

You might also read :

ES-oil
September 8, 2021

No clear trend in crude oil prices

After approaching $73/b yesterday, the price of Brent 1st-nearby fell sharply to $71.11/b, but is already back above $72/b. In short, the market seems to be without a…
ES-gas
September 15, 2021

Curve prices increased to record levels

European gas prices continued their (endless?) rise yesterday, still supported by concerns on the commercial start date of the Nord Stream 2 gas pipeline. As…
Join EnergyScan

Get more analysis and data with our Premium subscription

Ask for a free trial here

Subscribe to our newsletter

Don’t have an account yet? 

[booked-calendar]