23 Dec 2015
Mixed oil - ANZ
FXStreet (Guatemala) - Analysts at ANZ noted the mixed conditions in oil overnight.
Key Quotes:
"Crude oil prices were mixed. WTI prices have outperformed Brent and also traded at a premium for a brief period of time.
There is renewed speculation that the lifting of a US export ban may help ease the US oversupply issues. On the flip side, US crude inventories continue to head north. A Bloomberg survey suggests US crude stockpiles probably rose by 1m bbl last week."
Key Quotes:
"Crude oil prices were mixed. WTI prices have outperformed Brent and also traded at a premium for a brief period of time.
There is renewed speculation that the lifting of a US export ban may help ease the US oversupply issues. On the flip side, US crude inventories continue to head north. A Bloomberg survey suggests US crude stockpiles probably rose by 1m bbl last week."