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
Reality check – EnergyScan

Reality check

ICE Brent prompt contract collapsed to 66.6 $/b as the dollar strengthened, while prompt time spreads remained subdued at 15 cents, reflecting a balanced spot equilibrium. Iranian talks for rejoining the JCPOA appeared to be promising according to European diplomatic officials, while Indian refiners suggested that they were keen to make room for Iranian barrels within their crude slate as soon as sanctions were lifted. Yesterday’s EIA weekly report showed that despite constant refining runs in the US, product stocks declined by 2 mb and 2.6 mb for gasoline and diesel stocks. Crude oil stocks built by 1.3 mb, while overall stocks including the SPR release actually declined. 

NWE topping margins
Share this news :

You might also read :

ES-economy
December 9, 2021

Financial markets regain some composure

Governments continue to take measures both to limit the spread of the variant Delta, which is putting real pressure on hospital occupancy, and to prevent the…
ES-gas
December 3, 2021

Mixed price evolution

European gas prices were mixed yesterday, amid unchanged fundamentals and slight drop in Asia JKM prices (-0.83% on the spot, to €105.380/MWh; -1.40% for 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]