Trafigura reiterates $100/b crude potential, references steep market backwardation
16 Nov 2021
Global oil markets remain very tight and the steep backwardation will remain in place as demand returns to pre-pandemic levels, Trafigura's...
Please Register or Sign in to view this content.
Quantum Commodity Intelligence is a premium paid subscription service for professionals in the oil, biofuels, carbon, ammonia and hydrogen markets.
Quantum Oil service subscribers have access to:
- Daily price assessments
- Market news and price commentary
- Fundamental trade data
- Quantum Oil Daily - market report sent to your email
Get in touch with us for subscription information on all Quantum platforms, or help with the service.
Related
15 Nov 2021
Oil markets remain tight with global demand close to pre-pandemic levels, while even a release from the US Strategic Petroleum Reserve would...
23 Jun 2021
Oil markets remain in a firm upwards trend as the supply/demand imbalance is set to keep markets on a firm footing, Trafigura's chief economist...
21 Jun 2021
The Brent crude oil price could reach $100/barrel next year, as fundamentals tighten ...
15 Jun 2021
There is only one way for crude oil prices to go and demand will surge another 10% over the course of the....