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Energy market updates

Release date: 30 April 2019

Highlights, insight and market commentary

Oil

August 2019

This update includes:

  • Brent is currently trading around $62/bbl, after falling over 7% 
  • After the July G20 meeting, OPEC and non-OPEC producers agreed to extend current output cuts
  • Deliveries of Urals crude to Europe via the Druzhba pipeline resumed in June 2019
  • Refining margins had a volatile Q2 2019

Previous market updates