Business Maverick: Oil steadies after wild ride with Chinese demand, OPEC+ in focus

📆 22/11/2022 11:36 ص
📰 dailymaverick

⏱ Reading Time:
9 sec. here
2 min. at publisher
📊 Quality Score:
News: 7%
Publisher: 84%

الإمارات العربية المتحدة أخبار أخبار

الإمارات العربية المتحدة أحدث الأخبار,الإمارات العربية المتحدة عناوين

Oil steadied after a volatile session as investors juggled a clouded supply outlook and concerns over weaker demand in virus-hit China, with nationwide Covid cases swelling near a record level despite curbs.

West Texas Intermediate held above $80 a barrel in early Asian trading after swinging in a $5 arc in the week’s opening session. Prices had plunged following a report that OPEC+ was considering an output hike, then recovered to end little changed after Saudi ArabiaCrude-consumption trends in China remain in the spotlight as repeated Covid-19 outbreaks prompt officials to press on with lockdowns and movement curbs.

. The raft of measures is intended to step up pressure on Moscow for the war in Ukraine, while simultaneously avoiding an inflationary spike in crude prices.

اكتب تعليق

لقد قمنا بتلخيص هذا الخبر حتى تتمكن من قراءته بسرعة. إذا كنت مهتمًا بالأخبار، يمكنك قراءة النص الكامل هنا. اقرأ أكثر:

الإمارات العربية المتحدة أحدث الأخبار, الإمارات العربية المتحدة عناوين

Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.

Business Maverick: Stocks drop amid China Covid worries, Fed rate: markets wrapStocks and emerging-market currencies decline in Asia amid concern that China may tighten Covid curbs after reported deaths, and as investors weigh the outlook for US rate hikes.
مصدر: dailymaverick - 🏆 3. / 84 اقرأ أكثر »