US Gasoline markets pricing in a tense driving season

Brent prompt future contract climbed to 63.6 $/b on early Wednesday, as the Texan energy crisis continues to wreak havoc on the state’ oil infrastructure. With the whole Midwest region is also affected by cold temperatures, losses in refining capacity are estimated at 4 mb/d in the US. Japanese crude stocks fell amid a rise in domestic refining runs.

us-gasoline-ending-stocks
Share this news :

You might also read :

ES-economy
April 21, 2021

The reflation trade takes a break

At least the movements on the financial markets were consistent yesterday. Equity markets were down and even sharply down in Europe. In parallel, after an…
ES-gas
September 2, 2021

Prices weakened after an initial rally

European gas prices weakened overall yesterday at the close. They increased during most of the session, supported by new worries on Russian supply, before falling…
Join EnergyScan

Get more analysis and data with our Premium subscription

Ask for a free trial here

Subscribe to our newsletter
Thank you for subscribing to our newsletter​

We will get back in touch with you soon.

Don’t forget to follow us on twitter!

EnergyScan - Newsletter subscription

Don’t have an account yet? 

[booked-calendar]