Brent oil market structure, physical rally could draw oil from storage

Brent oil market structure, physical rally could draw oil from storage
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18.05.2020

MOSCOW (MRC) -- The oil futures market is pricing in tighter supplies due to OPEC-led production cuts and recovering demand as lockdowns to contain the coronavirus outbreak are eased, suggesting a huge inventory buildup could slow and start to be drawn down, reported Reuters.Brent crude futures for July are trading at the smallest discount to the contract six months in the future since Ma

Full article at mrcplast.com

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