| Products | Diesel | Aviation Kerosene | Kerosene | Gasoline | 180CST | 380CST | Naphtha | ||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| $/bbl | $/bbl | $/bbl | $/bbl | $/bbl | $/bbl | $/bbl | |||||
FOB sulfur 0.001% |
C&F sulfur 0.2% |
FOB sulfur 0.05% |
FOB | C&F | FOB | FOB 95R |
FOB 92R |
FOB sulfur 3.5% |
FOB sulfur 3.5% |
FOB | |
| Avg | 83.87 | 83.45 | 82.36 | 79.67 | 76.96 | 62.84 | 60.40 | 61.76 | |||
BRIEF-In terms of investor positions, oil prices were further weighed down, reflecting negotiating optimism amid increased short (short) positions
The weak international oil prices observed on August 20 were directly triggered by the expectation of easing geopolitical risks (a possibility of negotiations between Russia and Ukraine) and the subsequent easing of sanctions → supply growth, and the existing concerns over supply advantage/demand slowdown were behind it. However, negotiations are a variable with high uncertainty, so they are wary of the possibility of a short-term rebound if the results fail (short cover alert).
The weak international oil prices observed on August 20 were directly triggered by the expectation of easing geopolitical risks (a possibility of negotiations between Russia and Ukraine) and the subsequent easing of sanctions → supply growth, and the existing concerns over supply advantage/demand slowdown were behind it. However, negotiations are a variable with high uncertainty, so they are wary of the possibility of a short-term rebound if the results fail (short cover alert).
International oil prices fall on Wednesday
- Brent closed at U$65.79/bbl, down U$0.81/bbl from the previous day, while WTI closed at U$62.35/bbl, down U$1.07/bbl from the previous day.
- Dubai closed at U$68.05/bbl, up U$0.39/bbl from the previous day.
- Brent closed at U$65.79/bbl, down U$0.81/bbl from the previous day, while WTI closed at U$62.35/bbl, down U$1.07/bbl from the previous day.
- Dubai closed at U$68.05/bbl, up U$0.39/bbl from the previous day.
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