US RBOB prices lift the global oil complex

Oil
February 23, 2021

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.

Share this news :

You might also read :

May 17, 2022

Markets anticipate the recovery of activity in China

Three days without a new case of Covid in Shanghai. According to the rules established by the local authorities, this should open the way to…

February 9, 2021

EUA hit fresh record high near 40€/t before slightly retreating

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,…

November 21, 2022

Oil prices fall sharply on recession fears

Macro & Oil Podcast #3 In this EnergyScan podcast, Olivier Gasnier, Macro & Oil analyst, talks about the sudden drop in oil prices of this…

Join EnergyScan

Get more analysis and data with our Premium subscription

Ask for a free trial here

Subscribe to our newsletter

US RBOB prices lift the global oil complex

You might also read :

Markets anticipate the recovery of activity in China

EUA hit fresh record high near 40€/t before slightly retreating

Oil prices fall sharply on recession fears

Simplifying energy markets