Free Trial

Crude Slips On Weaker Then Expected EIA Release

OIL

Crude prices slipping after EIA release showed weaker than expected draw on crude and products. US gasoline cracks showed strong initial slip before staging partial recovery.

  • Brent SEP 23 up 0.9% at 80.37$/bbl
  • WTI AUG 23 up 0.8% at 76.36$/bbl
  • US gasoline crack down -0.5$/bbl at 37.28$/bbl
  • US ULSD crack up 0.8$/bbl at 34.59$/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.