Despite the decrease in U.S. oil inventories, fully refined gasoline stocks increased by 365,000 barrels, with an additional accumulation of partially refined oil derivatives by 4.92 million barrels...
In my view, oil prices are moving with clear volatility due to movements in the U.S. dollar, concerns about Chinese demand, and expectations of a shrinking global oil balance during the third quarter of the year...
European natural gas prices also dropped yesterday. Natural gas futures prices stabilized at 1.1% during the day, with European gas inventories exceeding 81%...
The LNG market continues to face some supply disruptions. The Freeport LNG export facility in the U.S. has not returned to normal operations after Hurricane Beryl...
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