Marketview: Fundamental View

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Oil prices continue to swing widely, and futures for both crude and products remain reactive to the slightest stimulus, whether it be inflation data, inventories or other headlines. But against this backdrop of volatility and intraday price movements of several dollars, the market remains tight and could get even tighter, especially when it comes to diesel.

Oil Futures and Derivatives, Oil Prices, Oil Demand, Oil Supply
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Bilateral discussions over production policy are heating up before Sunday's official Opec-plus ministerial meeting.
Sat, Jun 3, 2023
Brent crude for August delivery settled $1.68 higher at $74.28/bbl on Thursday, while July WTI rose by $2.01 to close at $70.10/bbl.
Thu, Jun 1, 2023