En stram forsyning af olie og gas har ført til prisstigninger den seneste tid. Ifølge Saxo Bank skyldes det forstyrrelser af forsyningerne fra Libyen og uroen i Kasakstan. Olieprisen ligger nu midt i 80’erne.
Prisstigninger på olie og gas
Crude oil (OILUKMAR22 & OILUSFEB22) as well as EU gas (TTFMG2) are some of the best performing commodities this week.
Tight supply being the main theme supporting both markets. In oil, rising front month spreads are signaling growing supply tightness driven by disruptions in Libya and geopolitical risks associated with rising fuel protests in Kazakhstan, a 1.9 million barrels a day producer.
Together with signs OPEC+ will struggle to implement its 0.4m b/d increase has helped off-set any short-term demand worries related to surging virus cases around the world. Not least in China, where its zero-tolerance policy means any outbreak is met with strong containment measures stifling mobility and consumer spending.
Brent resistance at $83 followed by $85.50.
