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Oil Prices Extend Decline

OIL

Brent now down nearly 5% with next technical support at 2nd June low at 112.45$/bbl.

  • WTI is falling faster than Brent with the spread now down back below -5$/bbl having recovered to -4.5$/bbl yesterday.
  • Brent AUG 22 down -4.8% at 114.04$/bbl
  • WTI JUL 22 down -5.6% at 111.01$/bbl
  • Gasoil JUL 22 down -1.3% at 1283$/mt
  • WTI-Brent down -0.54$/bbl at -5.03$/bbl
  • Brent AUG 22-SEP 22 down -0.05$/bbl at 2.76$/bbl
  • Brent DEC 22-DEC 23 down -1.94$/bbl at 12.22$/bbl
  • US gasoline crack down -3.7$/bbl at 42.421$/bbl
  • US ULSD crack down -1.4$/bbl at 73.184$/bbl
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Brent now down nearly 5% with next technical support at 2nd June low at 112.45$/bbl.

  • WTI is falling faster than Brent with the spread now down back below -5$/bbl having recovered to -4.5$/bbl yesterday.
  • Brent AUG 22 down -4.8% at 114.04$/bbl
  • WTI JUL 22 down -5.6% at 111.01$/bbl
  • Gasoil JUL 22 down -1.3% at 1283$/mt
  • WTI-Brent down -0.54$/bbl at -5.03$/bbl
  • Brent AUG 22-SEP 22 down -0.05$/bbl at 2.76$/bbl
  • Brent DEC 22-DEC 23 down -1.94$/bbl at 12.22$/bbl
  • US gasoline crack down -3.7$/bbl at 42.421$/bbl
  • US ULSD crack down -1.4$/bbl at 73.184$/bbl