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Commodities

Brent Oil Premium Collapses and Diesel Stocks Hit Record Low

Brent's 33-dollar premium has collapsed while East Coast diesel stocks reached a record autumn low, according to Shanaka Anslem Perera.

Brent Oil Premium Collapses and Diesel Stocks Hit Record Low
Image: BullishMarketCap

Brent's 33-dollar premium has collapsed alongside a record autumn low for East Coast diesel stocks, according to a report published by Shanaka Anslem Perera.

Market Shifts

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The latest update highlights significant movements in energy markets, noting the steep drop in the Brent premium alongside tightening regional fuel inventories on the East Coast.

Key facts

  • Brent's $33 premium collapsed, according to Shanaka Anslem Perera
  • East Coast diesel stocks hit a record autumn low
  • The data was published in Issue 02 of Shanaka's Oil & Gas Letter
$OIL#Oil#Diesel#Commodities

Source: news.google.com

This article is for information only and is not investment advice. BullishMarketCap news is produced with AI assistance from public sources and reviewed by our editors; see our editorial policy. Spotted an error? Tell us.

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