European gas prices bounce back
European gas prices eroded most of Wednesday’s losses in another extremely volatile session on Thursday: more than 2 euros between the intraday high and the…
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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