So much uncertainty
Negotiations resume in Turkey between Ukrainian and Russian representatives with a view to reaching a ceasefire. The Ukrainian counter-offensive on the ground suggests that the balance…
Brent prompt future contract rallied to 66.2 $/b, as product buyers aggressively bid gasoline resources in the US to secure to supply in those highly uncertain conditions, lifting the potential for crude prices to rally. The market consensus anticipates steep draws in US petroleum markets.
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