Notice: Function _load_textdomain_just_in_time was called incorrectly. Translation loading for the rocket domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /home/befikry/energyscan.befikry.com/wp-includes/functions.php on line 6121
OPEC week – EnergyScan

OPEC week

ICE Brent prompt contract remained elevated, at 76.3 $/b at the prompt, as we approached expiry for the August contract. On the refined product side, diesel inventory builds in Europe maintained the ICE gasoil crack below 6 $/b, as continued export from the Middle East and Asia slowed the normalization of European product markets. Physical differentials in the Med and West Africa continued to trade higher, boosted by rising prices in the North Sea. With refined products prices at sustained low levels, refiners’ profitability in Europe and Asia continues to be at multi-year lows. 

ICE Brent
Share this news :

You might also read :

ES-power
June 29, 2021

EUAs rebounded after an early weakness

The European power spot prices edged up yesterday as the higher fuels and emissions price combined with the expectations of stronger power demand offset the…
Join EnergyScan

Get more analysis and data with our Premium subscription

Ask for a free trial here

Subscribe to our newsletter

Don’t have an account yet? 

[booked-calendar]