Brent dropped 64 cents, or 0.8%, to $84.44 a barrel. WTI fell 56 cents to $82.40 a barrel.

Brent rose 35 cents, or 0.4%, to $84.68 a barrel. WTI gained 70 cents, or 0.9%, to $83.14.

Several factors are fuelling this price surge in energy commodities – primary among them is energy demand having rebounded as economies get back to business and consumers return to pre-pandemic levels of economic activity.

Brent were up 59 cents, or 0.7%, to $85.45 a barrel . WTI were up 59 cents, or 0.7%, to $85.45 a barrel .

Brent rose 62 cents, or 0.7%, to $84.62 a barrel. WTI rose 56 cents, or 0.7%, to $81.87 a barrel.

World oil demand is estimated to increase by 5.8 mb/d in 2021, revised down from 5.96 mb/d in the previous month’s assessment.

Brent gained 67 cents, or 0.8%, to $83.85 a barrel. WTI climbed 62 cents, or 0.8%, to $81.06 a barrel.

We expect Brent prices will remain near current levels for the remainder of 2021, averaging $81/b during the fourth quarter of 2021. In 2022, we expect that growth in production from OPEC+, U.S. tight oil, and other non-OPEC countries will outpace slowing growth in global oil consumption and contribute to Brent prices declining from current levels to an annual average of $72/b.

Brent was up 1 cent at $83.66 a barrel. WTI fell 50 cents, or 0.6%, to $80.02.

Brent was up 1 cent at $83.66 a barrel. WTI fell 50 cents, or 0.6%, to $80.02.