Stocks diverge

ICE Brent prompt contract reached 64.43 $/b as US stocks showed draws in crude and distillate inventories, while gasoline built by 5 mb. Japanese crude oil stocks jumped by 6 mb last week, to reach 70 mb. The continuously weak runs and supportive crude oil imports are pushing Japanese inventories higher. The weakening of the dollar also helped dollar-denominated commodities.  

us-weekly-stock-change
Share this news :

You might also read :

ES-economy
September 3, 2021

When the bad can be good

A new record for the equity markets in New York, stable bond yields and a falling USD: the market is calmly awaiting the August employment report in…
ES-economy
July 19, 2021

Fear of the delta variant prevails

After US equities recorded their first decline in 4 weeks last week, Asian markets fell on growing concerns over the quick spread of the Covid delta…
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]