SHORT SEP 3.5 BRG CRK
Temperatures in Europe have been well above seasonal norms and there’s little sign of that changing anytime soon. Looking further into the future, Sweden’s largest refiner says climate change is making fuel production harder. Temperatures in Europe are getting close to levels at which some oil refineries would have to start making less fuel. By this, we believe that the Sep 3.5 brg crk will continue its already downtrend.