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Brents Scarcity Premium Widens to Most Since 2013 in Oil Rally
2021-10-15 22:05:00| OGI
Carsten Fritsch, analyst at Commerzbank, said the surge in oil prices was due to a tight market, as shown by the 12-month forward curve and the premium at which the first-month futures contract is trading to the second.
Tags: premium
oil
rally
scarcity
Category:Industrial Goods and Services