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-power
January 19, 2022

Calm session for the carbon and power markets

The European power spot prices retreated yesterday, pressured by forecasts of surging wind output and higher solar and hydro generation. The day-ahead prices averaged 196.07€/MWh…
ES-economy
June 21, 2021

US 10-year bond yield below 1.4%!

The impact of the Fed meeting is still being felt in the markets: inflation expectations have crashed (see the Graph of the day) and bond…
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]