Strong price rebound
European gas prices rebounded strongly yesterday, supported by cold weather, ongoing concerns on Russian supply and technical buying. The rise in Asia JKM prices (+3.01% on the…
ICE Brent prompt contract remained relatively stable at 73.2 $/b, US product markets were under pressure as the Biden administration considered biofuel blending mandates waivers for US refiners. European cracks remained supported, with spot diesel cracks still above 7 $/b at the prompt.
Get more analysis and data with our Premium subscription
Ask for a free trial here