Prices dropped from their recent highs
European gas prices weakened yesterday, maybe “reassured” by the fact that Europe has decided (at least for the time being) not to follow the United…
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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