KEYFACT Energy
WTI (July) $67.12 -$3.05, Brent (Aug) $71.84 -$2.95, Diff -$4.72 +10c
USNG (July) $2.26 +1c, UKNG (July) 74.25p -4.73p, TTF (July) €29.0 -€7.60
Oil price
Oil fell sharply yesterday and growth worries in the USA ahead of a Fed meeting this week overtook the more positive Chinese 2H demand expectations. Tomorrow the Fed will announce the rates, only 25% of analysts are expecting a rise, the rest have moved to a pause right now.
Access Malcolm Graham Wood's full update here.
KeyFacts Energy Industry Directory: Malcy's Blog