Latest Analysis /
Short-term Global Oil Service
Weekly Oil Market & Refining Update - Crude prices in race to the bottom, despite some signs of stirring due to producers’ concerns
Published: 23 March, 2020
Highlights:
- Crude prices in race to the bottom, despite some signs of stirring due to producers’ concerns
- Volatility in MEH/Brent to persist; Storage economics dictating Cushing/MEH diff
- Brent/Dubai diff widens on rapid Brent drop, probably on Saudi Arabia’s price/volume war agenda too
- Urals ...
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