Home Brents Scarcity Premium Widens to Most Since 2013 in Oil Rally
 

Keywords :   


Brents Scarcity Premium Widens to Most Since 2013 in Oil Rally

2021-10-15 22:05:00| OGI

Carsten Fritsch, analyst at Commerzbank, said the surge in oil prices was due to a tight market, as shown by the 12-month forward curve and the premium at which the first-month futures contract is trading to the second.

Tags: premium oil rally scarcity

Category:Industrial Goods and Services

Latest from this category

All news

»
05.12Netflix reportedly closes in on Warner Bros deal
05.12What are freeze-dried sweets and why are they popular?
05.12Meta shifts some metaverse investments to AI smart glasses
05.12Taiwan bans Chinese app RedNote over fraud concerns
05.12Taiwan to ban Chinese app RedNote over fraud concerns
05.12Details of plan to keep pubs open longer for World Cup revealed
05.12Details of plan to keep pubs open longer for World Cup revealed
05.12Turkey breeder supplying luxury stores investigated over welfare
More »