- Oil is up $3, with Cal ’25 at the highest level since October
- Oil prices are surging to a multi-month high, with prices across the curve rising and Cal '25 trading around $73/bbl
- AEGIS custom watchlists will keep your estimated swap prices live throughout the day. If you haven't set them up, your trader or customer-success rep can help.
- US to tighten sanctions on Russia (Reuters)
- Oil is rising on reports that the US plans to sanction 180 tankers, as well as oil traders and companies
- The additional sanctions, if imposed, could further tighten global oil markets
- This move follows new rules imposed by a major Chinese port banning the offloading of sanctioned vessels
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