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Latest Analysis / Short-term Global Oil Service

Weekly Fundamentals - Various upside/downside pressures likely to keep Brent in $60-65/bbl range for now

Published: 16 January, 2020

Highlights:

  • US-China trade deal will support US crude prices
  • Urals diffs tighter in NWE than in Med; CPC prices supported by Kazakh outages
  • Libya - Haftar refuses to sign Turkey-Russia peace deal
  • Sudan & South Sudan – Could NISS agitation pose threat to oil exports?

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