US RBOB prices lift the global oil complex

  • Oil

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.  

crude-timespreads-23
Share this news :

You might also read :

ES-gas
June 29, 2021

European gas prices take a breather

Prospects of more comfortable supply with the return of some Norwegian production capacity and French regas capacity this week kept a lid on European gas…
ES-oil
April 28, 2021

OPEC’s strategy holds

Crude prices climbed by about 0.5 $/b, to 66.7 $/b for ICE Brent prompt month contract, as OPEC+ members maintained their production policy in a…
ES-economy
March 18, 2022

Clouds are gathering again

The equity market rally has continued in the US, but has already started to stall in Europe. The first reason is that the rebound was…
Join EnergyScan

Get more analysis and data with our Premium subscription

Ask for a free trial here

START A FREE TRIAL
Subscribe to our newsletter
LOG IN

Don’t have an account yet? 

Sign up here!
[booked-calendar]