WTI Tumbles Back Below $60 As Contango Returns
Mar 23rd 2021 9:04am EDT
WTI Tumbles Back Below $60 As Contango Returns Amid concerns about European demand (as increasingly restrictive lockdowns are reintroduced) and the beginnings of anxiety about US demand (as case counts rise), over-supply fears are rising again as consultant Energy Aspects notes in a report that the last commercially available 150m-200m bbl of storage built up […]
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