Repricing summer barrels

ICE Brent prices hiked to 72.6 $/b, as US diplomats cast doubt on a rapid return to the market of Iranian barrels. The sour crude market hiked significantly over the last week against sweet crude markets. The API survey showed a decline of US crude stocks of 2 mb, while product stocks built by similar amounts. Japanese runs edged lower, while stocks climbed by about 4 mb in the archipelago, as low mobility still impacted the country.

 
Repricing summer barrels
Share this news :

You might also read :

ES-gas
November 22, 2021

European prices weakened on lower Asian prices

European gas prices weakened last Friday. Amid unchanged domestic fundamentals, the moderation in Asia JKM prices (-0.64%, to €108.740/MWh, on the spot; -8.16%, to €103.547/MWh,…
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]