Latest Analysis /
Short-term Global Oil Service
Weekly Oil Market & Refining Update - Crude prices trending sideways whilst bullish and bearish forces are still at play
Published: 1 February, 2021
Highlights:
- CRUDE: Prices trending sideways for now, as both bullish and bearish forces are still in play
- STRUCTURE: Time-spreads increase at the expense of long-dated prices
- US DIFFS: Cushing finds support – further gains expected
- MED CRUDE: Little upside seen for Urals differentials from current levels
- Key ...
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