Free Trial

Crude Lodges Uptick In Asia


Crude oil futures have managed to reverse some of Monday’s losses, with WTI & Brent adding ~$0.50 & ~$0.30 to their respective settlement levels during overnight dealing. This comes after risk aversion (which faded into the NY close) and an uptick in both Libyan & Kazakh crude production applied some modest pressure to the space on Monday. API inventory estimates provide the focal point for participants on Tuesday.

MNI London Bureau | +44 0203-865-3809 |
MNI London Bureau | +44 0203-865-3809 |

To read the full story



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.