Curve prices extended gains over Suez Canal blockage
European spot gas prices were mixed again yesterday as fundamentals gave no clear trend. On the supply side, Norwegian flows were almost stable yesterday, to…
Brent prompt month contract remained range-bound at 55.5 $/b as the dollar remained supported despite a significant unexpected change in the US macroeconomic indicators. Time spreads edged higher this week, with the front spread reaching 40 cents. This has consequences in terms of inventory release and market positioning but has adverse consequences for refiners.
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