Morning Oil Report 07/12/21

At 10:30 am Singapore time (0215 GMT), the ICE February Brent futures contract was up 43 cents/b (0.62%) from the previous close at $73.51/b, while the NYMEX January light sweet crude contract rose 58 cents/b (0.59%) at $70.07/b.   Analysts have maintained that the recent sell-off that sent oil prices crashing by more than 20% …

Morning Oil Report 06/12/21

Oil & Products Morning Report At 10:18 am Singapore time (0218 GMT), the ICE February Brent futures contract was up $1.73/b (2.48%) from the previous close at $71.61/b, while the NYMEX January light sweet crude contract was $1.68/b (2.54%) higher at $67.94/b.   Sentiment in oil markets appeared to have turned a corner after steep …