May 13, 2022 14:04 GMT
Brent curve structure steepens as the front spread trades back up to 1.70 $/bbl after falling to 1.15$/bbl earlier this week.
- Brent JUL 22-AUG 22 up 0.24$/bbl at 1.7$/bbl
- Brent AUG 22-SEP 22 up 0.21$/bbl at 1.97$/bbl
- Brent DEC 22-DEC 23 up 0.91$/bbl at 11.98$/bbl
- WTI-Brent for Jul22 closing further after low Cushing inventory data from EIA earlier in the week. The spread has closed from -4.25$/bbl at the start of the week to -2.92$/bbl.