Background Image

FGE In The Media


More Indications of Global Glut Clearing as Venezuelan Oil Production, Quality, Continues to Deteriorate

 

West Texas Intermediate on Friday remained close to its highest levels since 2015 despite settling 43 cents lower to $56.74 per barrel, and Brent settling down 37 cents to $63.56 per barrel, and this altogether still meant both contracts would rise about 3 percent for the week, a fifth consecutive week of gains.

Read Article

Further Information

If you require additional information on this article, or you would like to speak with a member of our marketing team, please contact us:


FGE London

+44 (0) 20 7726 9570