Quantum Commodity Intelligence – Crude oil futures were little changed on Thursday after EU members again failed to agree on a level for Russia’s price cap, and while discussions resumed on Thursday, no compromise was found.
Front month January ICE Brent futures traded at $84.87/b (1715 GMT) compared to Wednesday’s settlement at $85.14/b. Brent was trading around $89.50/b ahead of Wednesday’s report of higher price cap proposals.
At the same time, on Jan 23, NYMEX WTI was trading at $77.70/b versus…
