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Crude oil comment: The forward curve is pricing tightness today and surplus tomorrow

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Publicerad: 22 Apr 16:16

Brent crude ticks higher along with positive equity markets.

Brent crude has been gradually ticking higher since its recent low close of USD 62. 82/b on 8 April.

Though 9 April was rather extreme with an intraday low of USD 58.

4/b and a close the same day of USD 66.

02/b.

Brent is rising 1.

4% this morning to USD.

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Crude oil comment: The forward curve is pricing tightness today and surplus tomorrow

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