[Watch] Crude Rates Record 9-Months High Amid Surging Metal Prices

Capt. John

Crude oil prices touch 9-month highs, iron ore prices surge for delivery to China, and Asia’s methanol supply tightens further, reports Platts.

All eyes are on benchmark crude oil prices this week, after front-month ICE Brent futures rose to almost $50 per barrel last week for the first time since early March. This comes as advances in vaccines increase hopes of containing the pandemic.

Crude price revision

The US Energy Information Administration has also revised up its forecast for crude prices...

https://mfame.guru/watch-crude-rates-record-9-months-high-amid-surging-metal-prices/

Leave a Comment