European prices closed lower after a very volatile session
After a very volatile session (see our news), European gas prices closed lower yesterday, in line with the sharp drop in coal parity prices. Asia…
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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