Oil wobbles as demand woes stalk market after Saudi price cuts

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 19 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 66%

المملكة العربية السعودية أخبار أخبار

المملكة العربية السعودية أحدث الأخبار,المملكة العربية السعودية عناوين

TOKYO : Oil prices were wobbly on Monday as investors grappled with demand concerns after Saudi Arabia's sharp cuts to crude contract prices for Asia.Brent crude futures for November rose 4 cents, or 0.1per cent, to US$72.26 a barrel by 0056 GMT, after falling 39 cents on Monday.U.S. West Texas Int

TOKYO : Oil prices were wobbly on Monday 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 US$1 a barrel. "It's quiet in Asia trade amid uncertainty over the direction of the market going forward," said Toshitaka Tazawa, an analyst at Fujitomi Securities Co Ltd.

 

شكرًا لك على تعليقك. سيتم نشر تعليقك بعد مراجعته.

Cause Asia is hurting and US diplomacy is with the Taliban. Hard times..

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

 /  🏆 6. in SA

المملكة العربية السعودية أحدث الأخبار, المملكة العربية السعودية عناوين