Latest Analysis /
Short-term Global Oil Service
Weekly Fundamentals - Brent rallies towards $60/bbl partly due to panic buying; uncertainties lie ahead
Published: 4 February, 2021
Highlights:
- WTI/Dated Brent spread to narrow once the impact of this week’s panic buying fades
- Brent/Dubai EFS increases across the curve, with the front month increasing to $1.2/bbl
- Urals discounts deepen as CPC Blend exports are set to increase by 300 kb/d m-o-m
- Nigerian production slumps in December ...
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