- Dated Brent jumps to nine-month high.
- Momentum could be halted by new COVID-19 strain in UK.
- North Sea spot market gets more active.
The world’s physical oil markets are responding unevenly to the recent rally in crude futures, with a healthy dose of skepticism and sanguinity, reports Platts.
Rise in oil pries to prevail?The divergent paths of some crudes and refined products has led some traders and analysts to question whether the 25% rise in oil prices over the past month can be sustained.
The...
https://mfame.guru/global-oil-market-looking-to-set-foot-amid-recovering-crude-futures/