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Brent crude tops July high, Rory Johnston notes

Brent crude tops July high, Rory Johnston notes
Brent crude surpasses July high mark

Rory Johnston highlights that Brent crude has just moved above its July high close. The July intraday high was $102.

Following this threshold, Johnston indicates that future comparisons for Brent crude prices will be made with data from May.

Johnston previously highlighted that the U.S. diesel crack spread versus Brent neared record levels, reaching close to $100 per barrel. He has also commented on reports that the U.S. was close to a major deal for Venezuelan oil fields. These developments reflect Johnston’s ongoing coverage of significant moves in the oil and fuel markets.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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