Recovering shipments mask a market still under strain Brent crude continues to trade well above USD 100 per barrel despite a sharp recovery in Middle East oil shipments over the past month. At the same time, diesel prices on both sides of the Atlantic have climbed back above USD 200 per barrel
Diesel
The global oil market is sending increasingly different signals depending on where you look. Brent crude futures trade near USD 110 per barrel after gaining almost 20% so far this month, but the price of securing physical crude for immediate delivery in Europe has surged above USD 130. Meanwhile, diesel prices in the US and […]










