Brent Prices Drop Sharply

Brent futures fell over 7% despite supply disruptions Brent crude futures declined by more than 7% due to market capriciousness. The drop occurred despite ongoing geopolitical and logistical disruptions to oil and refined products. ICE gasoil futures also d

Brent futures fell over 7% despite supply disruptions

Brent crude futures declined by more than 7% due to market capriciousness.

The drop occurred despite ongoing geopolitical and logistical disruptions to oil and refined products.

ICE gasoil futures also declined by over 8.5%, while Singapore gasoil spot prices fell by almost 11%.

Leave a Reply

Your email address will not be published. Required fields are marked *