Oil Markets Reverse Some of the Recession Led Sell Off
Jul-07 14:17By: Andrew Couper
Oil Bullets
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
