Noble optimistic on floater outlook, while oil gives back cyberattack gains

摘要

Aransomware attack on 7 May on a major US pipeline that supplies gasoline and jet fuel pushed oil prices temporarily higher, but those gains receded after the operator said it would restore service "substantially" within a week. The pipeline transports 2.5M barrels of gasoline, diesel and jet fuel per day from US Gulf Coast refineries to New York Harbor and the city's major airports. West Texas Intermediate (Nymex) traded as high as US$64.92 per barrel on 10 May before retreating to US$64.12 on 11 May at 9:00 EDT for June 2021 contracts, according to Bloomberg. Brent crude followed a similar path, slipping from US$68.32 to US$67.52 for July contracts.