Diesel concerns drags Brent lower but OPEC+ will still get the price it wants in Q3

Brent rallied 2.

5% last week on bullish inventories and bullish backdrop. Brent crude gained 2.

5% last week with a close of the week of USD 89.

5/b which also was the highest close of the week.

The bullish drivers were: 1) Commercial crude and product stocks declined 3.

8 m b versus a normal seasonal rise of 4.

4.