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Crude Alert - Brent/Dubai EFS expected to see support on multiple fronts from 2H 2021

Published: 25 January, 2021

Highlights:

  • Brent time-spreads expected to support EFS from 2H 2021
  • OPEC+ rollover of cuts applying pressure to EFS in the near term
  • Dubai structure pulls back at the end of December, but support for time-spreads East of Suez since
  • GPW models suggest EFS could see upside potential in 2H 2021
  • Freight Rates expected ...

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