Uncertainty clouds oil demand as Delta variant spreads

OIL prices are expected to continue to trade sideways this week as a result of near-term uncertainty with the spread of the COVID-19 Delta variant across Asia and Europe and the standoff between OPEC+ members, according to Bloomberg New Energy Finance.

Uncertainty clouds oil demand as Delta variant spreads Uncertainty clouds oil demand as Delta variant spreads Uncertainty clouds oil demand as Delta variant spreads Uncertainty clouds oil demand as Delta variant spreads Uncertainty clouds oil demand as Delta variant spreads

BNEF expects prices to continue drifting

BNEF is bullish on refinery margins, noting the general rise over the past week due to a modest recovery in gasoline cracks.