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Oil Markets Reverse Some of the Recession Led Sell Off

OIL

Oil markets have found strength ahead of EIA oil inventory data release, reversing some of the recession led sell off this week.

  • Brent SEP 22 up 4.3% at 105.03$/bbl
  • WTI AUG 22 up 4.9% at 103.35$/bbl
  • WTI-Brent up 0.12$/bbl at -5.43$/bbl
  • US 321 crack up 1.9$/bbl at 42.1$/bbl
  • US gasoline crack up 1.7$/bbl at 39$/bbl
  • US ULSD crack up 2.4$/bbl at 48.3$/bbl
  • Brent FCC margin up 1.2$/bbl at 15.35$/bbl
  • Gasoline-Brent up 2.1$/bbl at 32.1$/bbl
  • Gasoil-Brent up 3.5$/bbl at 36$/bbl
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Oil markets have found strength ahead of EIA oil inventory data release, reversing some of the recession led sell off this week.

  • Brent SEP 22 up 4.3% at 105.03$/bbl
  • WTI AUG 22 up 4.9% at 103.35$/bbl
  • WTI-Brent up 0.12$/bbl at -5.43$/bbl
  • US 321 crack up 1.9$/bbl at 42.1$/bbl
  • US gasoline crack up 1.7$/bbl at 39$/bbl
  • US ULSD crack up 2.4$/bbl at 48.3$/bbl
  • Brent FCC margin up 1.2$/bbl at 15.35$/bbl
  • Gasoline-Brent up 2.1$/bbl at 32.1$/bbl
  • Gasoil-Brent up 3.5$/bbl at 36$/bbl