Free Trial

Holding Onto Most Of Wednesday’s Gains


WTI & Brent crude futures sit ~$0.15 below Wednesday’ settlement levels, with yesterday’s closing levels representing the highest levels observed since early November. Recent sessions have seen crude latch onto support from reduced Omicron worry, questions re: the ability of OPEC+ to meet heightened production quotas (without tweaking the county by country splits observed within the group’s production pact) and shrinking U.S. crude inventories.

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.