International crude:Expected draw in US stocks lifts BFO

摘要

Dated Brent/BFOE increased Tuesday.The majority of support filtered through from strength in NYMEX values as expectations of this week's US oil inventory data were for a draw in commercial stocks and an increase in refinery utilization.Dated Brent was valued at 77.075/b,up 89 cents/b.The differential to the 10-21 day CFD strip remained unchanged at 50 cents/b following trading interest expressed in the Platts Market on Close assessment process.