Latest Analysis /
Short-term Global Oil Service
Weekly Fundamentals - Brent sheds some of the gains made earlier this week; likely to remain within recent $42-45/bbl range in short-term
Published: 23 July, 2020
Highlights:
- Brent prompt contango widens despite bullish headlines and slightly-firm price
- Brent/Dubai
- Urals premiums weaken despite preliminary August schedules showing lower Urals exports
- US gasoline and gasoil/diesel demand stalls amid further lockdowns among key oil-consuming states
- Saudi Direct Crude Burn to ...
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