Oil climbs to high since 2018 on demand

Whether you’d love to move to NYC or visit for a couple of days, there are so many things to see and do in The Big Apple. So if you’re like me and you like to fill your days with as much fun and excitement as possible when traveling, check out my ‘Productive three Day NYC Itinerary’ below and prepare yourself for a trip of a lifetime! Prices for physical cargoes do not always trade in tandem with oil futures and when differentials widen rapidly and considerably, they can indicate speculators have oversold or overbought futures versus fundamentals.Brent oil futures have jumped hundred since the start of the year but the physical market is still racing ahead, with differentials for some grades hitting multi year highs, suggesting a tight market will push the futures rally on.

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