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.

Share this news :

You might also read :

July 22, 2021

Oil prices sharply on the rise

The Brent 1st-nearby price jumped higher from below $69/b to above $72/b, while the WTI posted an even-bigger rebound from around $66.5/b to $70.3/b now. Crude…

January 17, 2022

Despite weak Indian demand, Asian gasoil prices reach 100 $/b

ICE Brent crude price topped 86 $/b before this weekend, with Asian gasoil prices reaching 100 $/b at the prompt, due to a continued rally…

September 10, 2021

Unsurprising decision by the ECB

The ECB has done pretty much what was expected of it, judging by the small drop in bond yields and the stability of the euro that followed…

Join EnergyScan

Get more analysis and data with our Premium subscription

Ask for a free trial here

Subscribe to our newsletter