Free Trial

Crude Losing Earlier Gains and Back Near Flat on the Day

OIL

Crude is falling, losing all earlier gains with front month back to near flat on the day.

  • Time spreads have also pulled back with the longer dated spreads now negative on the day.
    • Brent FEB 23 up 0.1% at 79.11$/bbl
    • WTI JAN 23 unchanged at 74.29$/bbl
    • WTI-Brent down -0.05$/bbl at -4.63$/bbl
    • Brent FEB 23-MAR 23 up 0.08$/bbl at -0.37$/bbl
    • Brent JUN 23-DEC 23 down -0.01$/bbl at 1.85$/bbl
    • Brent DEC 23-DEC 24 down -0.18$/bbl at 3.1$/bbl

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.