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Commentary: Oil price, Angus, Southern

17/10/2023

WTI (Nov) $86.66 -$1.03, Brent (Dec) $89.65 -$1.24, Diff -$2.99 -25c
USNG (Nov) $3.11 -13c, UKNG (N0v) $123.0p, TTF (Nov) €47.7 -€3.32

Oil price

Oil is a bit better today, yesterday it fell as the war in the Middle East seems to have paused whilst US mediation continues. With Sleepy Joe arriving tomorrow I suspect that the period of quiet won’t last for long, after all he comes with two aircraft carriers and 2,000 marines…

Access Malcolm Graham Wood's full update here   l   KeyFacts Energy Industry Directory: Malcy's Blog

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