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Crude Rallies Towards Range Highs

OIL

Crude rallies on a weaker US dollar but still within the recent range. Time spreads are also higher reversing the small decline from earlier in the day.

  • Brent DEC 22 up 0.4% at 93.91$/bbl
  • WTI DEC 22 up 0.6% at 85.86$/bbl
  • WTI-Brent down -0.08$/bbl at -8.06$/bbl
  • Brent DEC 22-JAN 23 up 0.11$/bbl at 1.89$/bbl
  • Brent JAN 23-FEB 23 unchanged at 1.64$/bbl
  • Brent DEC 22-DEC 23 up 0.19$/bbl at 11.97$/bbl

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