19 April 2024
Gas Matters Today - Energy markets pricewatch
Publication date: 13 February 2015
Gas Strategies Group
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ISSN: 0964-8496
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Brent crude futures for April became the front-month contract and were trading around USD 61.15/barrel on Friday evening. March futures expired at USD 57.05/barrel on Thursday. Crude markets have rallied this week on the back of a weaker US dollar, stronger-than-expected European growth and suggestions of a continuing decline in oil rigs in the US, despite no substantial change in oil supply or demand, according to reports.