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Free AccessBrent steady with no clear news from EU
Brent hovering near 120$/bbl and WTI near 116$/bbl as the EU Summit takes place with sanctions against Russia a key topic. A deal is not looking imminent, but EU hopes remain for an agreement in the coming days.
- With the US holiday today, trading volume is very light and prices are remaining steady without any headline news to change the sentiment.
- Brent JUL 22 up 0.6% at 120.09$/bbl
- WTI JUL 22 up 0.7% at 115.9$/bbl
- Gasoil JUN 22 up 1% at 1180.25$/mt
- WTI-Brent up 0.07$/bbl at -4.16$/bbl
- Most time spreads continue to slowly tick higher although Brent Jul22 contract expiry tomorrow is causing intraday volatility in the front Brent spread.
- Brent JUL 22-AUG 22 down -0.31$/bbl at 3.56$/bbl
- Brent DEC 22-DEC 23 up 0.38$/bbl at 14.58$/bbl
To read the full story
Sign up now for free trial access to this content.
Please enter your details below.
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.