Daily oil and LNG price update (volume boom!)

Friday, 14 October 2016

The Brent oil price rebounded last night just because to $51.98. Henry Hub gas is ripping at $3.34mmBtu:

There was not much news flow for oil but US inventories were mildly bearish, from John Kemp. Petrol and diesel stocks fell:

Oil rose:

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About the author

David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.