EnergyScan

EnergyScan logo
LOG IN
START A FREE TRIAL
LOG IN
START A FREE TRIAL

Pricing a late Iranian comeback ?

  • Oil

ICE Brent prompt prices hiked to 70.3 $/b at the prompt, ahead of the OPEC meeting, as OPEC compliance in April remained good, at 122%, according to production surveys realized by third parties. Saudi Arabia and Iraq showed the biggest increases, while Iran and Nigeria experienced setbacks on their production facilities. Russian crude and condensate production remained constant in May, at 10.45 mb/d. In Asia, lockdowns are intensifying, hinting at lower demand in Asia for the weeks to come. 

dollar index
Share this news :
Share on twitter
Share on linkedin
Share on email

You might also read :

ES-economy
June 3, 2021

Let’s wait for the US job report

The market seems on hold, but remains confident overall: limited gains in equities and bond yields slightly down. The USD is rather stable too: the…
ES-gas
January 6, 2021

Sharp price drop

European gas prices dropped significantly yesterday, both on the spot and the curve. Spot fundamentals were almost unchanged. Significantly below-normal temperatures continued to maintain residential…
Join EnergyScan

Get more analysis and data with our Premium subscription

Ask for a free trial here

START A FREE TRIAL
Subscribe to our newsletter
LOG IN

Don’t have an account yet?  Sign up here!

[booked-calendar]