Oil prices fall as stocks grow in US

📆 25/01/2023 11:10:00
📰 BDliveSA

⏱ Reading Time:
23 sec. here
2 min. at publisher
📊 Quality Score:
News: 12%
Publisher: 63%

Brasil Notícia Notícia

Some analysts say the speed of China’s actual demand rebound looks uncertain

London — Oil slipped on Wednesday, adding to a decline in the previous session, as a rise in US crude inventories and global recession worries edged out optimism for a demand recovery in China.

Brent crude were down 6c to $86.07 a barrel by 8.20am GMT after declining 2.3% in the previous session.Weighing on prices was a report on Tuesday that US crude stocks rose by about 3.4-million barrels in the week ended January 20, according to market sources citing American Petroleum Institute figures.

Opec+ in October decided to trim output by 2-million barrels per day from November through 2023 on a weaker economic outlook.

Escrever Comentário

Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:

Brasil Últimas Notícias, Brasil Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

Fuel retailers want ‘load shedding’ help from oil companies | The CitizenOil companies face pressure to rescue fuel retailers who incur additional costs due to load shedding. Find out why petroleum companies are reluctant to invest in solar power.↙️ loadshedding engen fuel
Fonte: TheCitizen_News - 🏆 6. / 75 Consulte Mais informação »