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Daily Oil Market Comment
Daily Oil Market Comment
Asian Day Market Movement
Market Movement Thursday 8th july:
The Nigerian problem has been resolved over night, TOTAL lifted the force majeure and announced that operations shud be back to normal in 24 hours.
Iraq operations also back to normal, the market is waiting for the developments on the Yukos situation in Russia and the weekly US data tonight.
Prices at 18:00
WTI: 39.47 +0.40/bbl
Brent: 37.05 +0.45/bbl
IPE Gasoil: 347.50 +4.75/MT = +0.64/bbl
Spore Kero: 47.60 +0.60/bbl