Mrs. Yellen reinforces stimulus bets and boosts risk appetite on financial markets
Mrs. Yellen could be confirmed as Treasury Secretary as soon as tomorrow, after Mr. Biden officially becomes President of the US today. Her hearing at…
ICE Brent prompt contract eased to 69 $/b, as EIA released a slightly less bullish set of numbers compared to the API survey for the US petroleum market. US crude stocks were still depleted by 8 mb, as refineries ramped up by 0.2 mb/d w/w. Saudi OSPs to Asia for June shipments were set lower compared to last month, with a 30 cents cut on the heaviest crude and 10 cents on the Arab Light flagship crude.
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