Tokyo — Oil prices were wobbly on Tuesday as investors grappled with demand concerns after Saudi Arabia’s sharp cuts to crude contract prices for Asia.
Demand woes were in the news again after state oil group Saudi Aramco notified customers that it will cut October official selling prices for all crude grades sold to Asia by at least $1 a barrel. “It’s quiet in Asia trade amid uncertainty over the direction of the market,” said Toshitaka Tazawa, an analyst at Fujitomi Securities. “We expect that oil prices will struggle to move higher as the US summer driving season wanes and as a weaker-than-expected US jobs report underlined slow economic activities,” he said.
Nigeria Nigeria Latest News, Nigeria Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
TotalEnergies signs $27bn investment deal with Iraq for oil, gas and solar projectsDeals are aimed at boosting oil and gas output and reducing power outages in oil cartel Opec’s second-biggest producer I did my research properly Dennismayson7 I must confess nobody handles Bitcoin mining better than you. I'm privilege to have invested my BITCOIN with you sir Dennismayson7 I'M GREATFUL. You are indeed one of the best. Thanks a million🤗🤦♂️🙏 I was introduced into his platform by a friend I met online Dennismayson7. I thought it was a scam company as well.... But I was moved to try once again with Dennismayson7 I just wanna share this with my people, it was a WIN and i am GREATFUL.🙏🙏🙏🙏 GRATITUDES.
Source: BDliveSA - 🏆 12. / 63 Read more »
TotalEnergies signs $27bn investment deal with Iraq for oil, gas and solar projectsDeals are aimed at boosting oil and gas output and reducing power outages in oil cartel Opec’s second-biggest producer I did my research properly Dennismayson7 I must confess nobody handles Bitcoin mining better than you. I'm privilege to have invested my BITCOIN with you sir Dennismayson7 I'M GREATFUL. You are indeed one of the best. Thanks a million🤗🤦♂️🙏 I was introduced into his platform by a friend I met online Dennismayson7. I thought it was a scam company as well.... But I was moved to try once again with Dennismayson7 I just wanna share this with my people, it was a WIN and i am GREATFUL.🙏🙏🙏🙏 GRATITUDES.
Source: BDliveSA - 🏆 12. / 63 Read more »