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Crude unchanged as chances of EU ban on Russian oil uncertain

OIL

Crude oil hovering near close levels as the EU are giving mixed messages regarding the prospects of a Russian oil embargo.

  • Brent JUL 22 up 0.1% at 113.59$/bbl
  • WTI JUL 22 up 0.1% at 110.39$/bbl
  • Gasoil JUN 22 up 1.1% at 1082.5$/mt
  • The WTI discount to Brent is increasing back to -3.28$/bbl after closing to -1.78$/bbl early last week.

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