# Al Attiyah Foundation Weekly Energy Market Review | 26 June 2021

> Brent and WTI rose for a fifth straight week, settling at $76.18 and $74.05 on June 25 as demand growth was expected to outpace supply. Markets were watching OPEC+ on July 1 for its plan to ease output cuts from August, while prospects of Iranian sanctions relief dimmed.

- Date: 2021-06-27 · published 2021-06-27T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/46783-al-attiyah-foundation-weekly-energy-market-review-26-june-2021
- Commodities: [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md), [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md)

## Why it matters

A tighter crude outlook supports energy and transport costs for feed producers, while a larger OPEC+ supply increase would be the main downside risk.

## Read by commodity

- WTI: bullish ▲
- BRENT: bullish ▲

## Sources

- marhaba.qa: https://marhaba.qa/al-attiyah-foundation-weekly-energy-market-review-26-june-2021/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.