MNI BRIEF: Fed's Goolsbee Sees Rates Fair Bit Lower In A Year

CANADA JOBLESS RATE +6.8% VS FORECAST +6.6%, PRIOR +6.5%

MNI China Daily Summary: Friday, December 6

MNI: PBOC Net Drains CNY288.1 Bln via OMO Friday

MNI: PBOC Sets Yuan Parity Lower At 7.1848 Fri; -1.64% Y/Y

BRIEF: EU-Mercosur Deal In Final Negotiations - EC

MNI: UNIV OF MICHIGAN CONSUMER SENTIMENT PRELIMINARY DEC INDEX 74.0

CANADA NOV IVEY PURCHASING MANAGERS INDEX 52.3 SA

EZ/UK Bond Supply Calendar: Austria, UK Auction on Tuesday

MNI EXCLUSIVE: EU-Mercosur Deal Close, But Likely Short-Lived - Officials

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

Crude Erases Decline as WTI-Brent Closes

OIL

WTI-Brent spread closing as it bounces between -5.5$/bbl and -6.6$/bbl this week.

  • Brent has pulled back more than WTI today although both are back near flat on the day this afternoon. The WTI Sep contract is due for expiry on Monday.
  • The ongoing wide spreads is helping to maintain strong US exports as European refiners try to source replacements for Russian barrels. Two cargoes have this month left US Gulf of Mexico with crude headed for Germany.
  • Brent OCT 22 down -0.3% at 96.32$/bbl
  • WTI SEP 22 up 0.2% at 90.67$/bbl
  • WTI-Brent up 0.42$/bbl at -6.09$/bbl
  • Brent OCT 22-NOV 22 down -0.15$/bbl at 0.68$/bbl
  • Brent DEC 22-DEC 23 up 0.04$/bbl at 8.18$/bbl
Energy BulletsCommodities
Energy BulletsCommodities

To read the full story

Close

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.