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Crude Edges Higher On Supply Concern

OIL

Crude edges higher on tight supply despite global economic growth concerns.

  • Time spreads are also following and extending the rally from yesterday.
    • Brent DEC 22 up 0.4% at 96.11$/bbl
    • WTI DEC 22 up 0.4% at 88.26$/bbl
    • WTI-Brent down -0.04$/bbl at -7.82$/bbl
    • Brent DEC 22-JAN 23 up 0.04$/bbl at 1.94$/bbl
    • Brent JAN 23-FEB 23 up 0.08$/bbl at 1.78$/bbl
    • Brent DEC 22-DEC 23 up 0.36$/bbl at 12.88$/bbl

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