Latest Analysis /
Short-term Global Oil Service
Weekly Fundamentals: Crude prices recover some of the losses, but further gains are capped by demand concerns
Published: 30 July, 2020
Highlights:
- Crude prices recover some of the losses, but further gains are capped by demand concerns
- Market contango likely to widen as stock levels remain high
- Brent/Dubai
- Urals NWE trades at discount to Brent on higher Baltic exports and poor Urals margins
- US economy outlook remains worrying; oil demand hits a ...
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