Latest Analysis /
Short-term Global Oil Service
Weekly Fundamentals: Crude prices continue defying huge stocks surplus, but downside ahead
Published: 9 July, 2020
Highlights:
- Crude prices continue defying huge stocks surplus, but downside ahead
- Brent prompt contango widening amid support for future prices
- Med differentials ease on sluggish demand in the region
- EIA estimates US gasoline demand in 2H 2020 will reach 8.8mmb/d due to a forecast increase in employment levels ...
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