Oil Futures Spreads Signal Easing Supply Situation

Copyright © 2023 Energy Intelligence Group All rights reserved. Unauthorized access or electronic forwarding, even for internal use, is prohibited.

Crude futures closed mixed again on Tuesday, with narrowing spreads between the leading benchmarks indicating that persistent supply tightness is finally easing amid ongoing macroeconomic uncertainty.

Oil Futures and Derivatives, Oil Prices, Crude Oil, Oil Supply
Wanda Ad #2 (article footer)
Protestors have blocked roads to one of the country's key hydrocarbon areas for a week running.
Mon, Feb 6, 2023
Saudi Arabia's energy minister has warned once again that sanctions and underinvestment may lead to a global energy supply crunch.
Mon, Feb 6, 2023
The lowest US unemployment readings since 1969 raised the specter of more hawkish fiscal policy.
Fri, Feb 3, 2023