ICE Brent prompt contract reached 66.1 $/b on early Tuesday, as the OPEC+ ministerial meeting was rescheduled for today while their technical meeting held on Monday acknowledged demand risks emerging in India. At the same time, force majeure on Libyan crude exports was lifted from at the Hariga port.
Rising equities, the second biggest rise of the year in bond yields and a falling dollar seem to suggest that it was more optimism about global growth…