Cautious optimism on financial markets
Equities and bonds are up at the same time, which likely reflects the fact that market participants remain optimistic about the economic recovery and 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.
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