Independent Price Reporting Agency, QC Intel

Quantum Commodity Intelligence

We are an independent price reporting agency (PRA) providing price assessments, original news and trade data for the global energy transition markets. 

Our mission is to bring greater transparency to these rapidly developing markets, powering transactions and helping the world to decarbonize as efficiently as possible.

Independent Price Reporting Agency

QC Intel

We are an independent price reporting agency (PRA) providing price assessments, original news and trade data for the global energy transition markets.

Our mission is to bring greater transparency to these rapidly developing markets, powering transactions and helping the world to decarbonize as efficiently as possible.

Commodities

<ul>
<li>Crude oil futures were higher Wednesday after a steep draw in US oil inventories, but more broadly investors were monitoring sanctions on Russia and the upcoming OPEC+ meeting.</li>
<li>Front-month Dec25 ICE Brent futures were trading at $64.98/b (2020 BST) versus Tuesday's settle of $64.40/b, while Dec25 NYMEX WTI was at $60.53/b against a previous close of $60.15/b.</li>
<li>Markets initially steadied after the American Petroleum Institute reported that US crude stocks retreated by 4 million barrels, while gasoline inventories slumped 6.3 million barrels and distillate tanks drained 4.4 million barrels in the latest reporting cycle.</li>
</ul>


Crude oil futures were higher Wednesday after a steep draw in US oil inventories, but more broadly investors were monitoring sanctions on Russia and the upcoming OPEC+ meeting.
Front-month Dec25 ICE Brent futures were trading at $64.98/b (2020 BST) versus Tuesday's settle of $64.40/b, while Dec25 NYMEX WTI was at $60.53/b against a previous close of $60.15/b.
Markets initially steadied after the American Petroleum Institute reported that US crude stocks retreated by 4 million barrels, while gasoline inventories slumped 6.3 million barrels and distillate tanks drained 4.4 million barrels in the latest reporting cycle.


Oil futures: Prices higher after drop in US crude, product inventories

Crude Oil

Oil futures: Prices higher after drop in US crude, product inventories