— Oil prices rose in early Asian trade on Wednesday as US crude inventories were seen falling, but concerns that Opec+ would leave output policy unchanged at its upcoming meeting limited gains.
Helping to boost prices, US crude oil stocks were expected to have dropped by about 7.9-million barrels in the week ended November 25, according to market sources citing American Petroleum Institute figures on Tuesday. Gasoline inventories rose by about 2.9-million barrels, while distillate stocks were seen rising about 4-million barrels, according to the sources, who spoke on condition of anonymity.
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Brent crude oil falls to lowest price since early 2022 - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.The price of Brent crude oil has fallen by nearly 3% in Asian trade on Monday morning to around $81 a barrel. This is the lowest Brent crude price since the beginning of the year and is mainly due to protests in China over strict COVID19 restrictions.
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Diesel set for steep cut next week, but petrol may climb despite oil price plunge | BusinessAs oil prices plunge to their lowest levels since 2021, diesel prices look set to ease from record highs next week. But petrol may still see a hike. | News24_Business _Business Why?
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