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.
The European power spot prices significantly rose yesterday, lifted by forecasts of falling wind output and below-average temperatures. Prices jumped to 64.32€/MWh (+18.25€/MWh) in Germany,…