August Loading Sokol News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Asia crude oil: Key market indicators for June 28-July 2 In the week of June 28-July 2, crude oil will continue its climb as market sources expect the OPEC+ coalition to announce only a marginal increase in production quotas in August. August ICE Brent crude futures were pegged at $76.07/b at 0200 GMT June 28, 35 cents/b higher from the 0830 GMT Asian close on June 25. Middle East Crude ** Market participants await the issuance of August official selling prices with a price hike for lighter crude grades on the back of a stronger sour complex this month. ** India’s crude demand is in focus a...

Asia crude oil: Key market indicators this week Trade activity in the Asian crude oil market is likely to pick up pace for August-loading barrels amid a strong market sentiment, which remains largely supported by brightening demand cues as COVID-19 cases decline in key demand centers such as India. August ICE Brent crude futures were pegged at $72.96/b at 0230 GMT June 14, 27 cents/b higher from the 0830 GMT Asian close on June 11. Middle East crude ** The week ahead is likely to see an uptick in trade for August-loading crude through spot tenders by Middle East producers and Asian refiners. ...