Asia crude oil: Key market indicators for June 28-July 2 | Hellenic Shipping News Worldwide
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...
Source: hellenicshippingnews.com