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Latest Analysis / Short-term Global Oil Service

Weekly Oil Market & Refining Update - Brent eases from almost two-year high, but remains supported; downside potential due to Iran talks

Published: 10 May, 2021

Highlights:

  • CRUDE: Brent eases from almost two-year high, but remains supported; downside potential due to Iran talks
  • US CRUDE: Brent strength could keep WTI/Brent differential wide until end May
  • URALS: Discounts narrow as demand in Europe picks up
  • REFINING DEVELOPMENTS: Indian refiners further adjust throughput ...

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