Current Headlines

  • The price of Brent crude rose above $55.50/bbl on Friday, its highest since February 2020, as political tensions in the US were overshadowed by positivity surrounding OPEC and the members attempt to stabilise supply.
  • GBP dropped on Friday afternoon from 1.362 to 1.355 against USD after the Mayor of London, Sadiq Khan, announced a major incident in the capital, where it is reported approximately 1-in-30 people have covid-19.
  • A fire at Idemitsu’s refinery located in Hokkaido, Japan, has forced the refiner to close its sole crude distillation unit (CDU) at the facility.

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