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China's Crude Hoarding Is Propping Up Oil Prices
Crude imports hit record highs, with December stockpiling estimated at 2.67 million bpd-the fastest pace since 2020-as ...
Crude oil continues to see a lot of noisy behavior, as we are looking to determine the geopolitical landscape, and the obvious supply and demand concerns. At this point, I expect a lot of noise.
Oil hit its highest since late September after a winter storm disrupted U.S. crude output while a weak dollar, continued Kazakh outages lent further support.
U.S. crude fell to the lowest levels since early 2021 this week, as traders see a potential peace agreement in Ukraine bringing Russian crude back to a well supplied market. But President Donald Trump ...
China's surplus of crude oil jumped to 2.67 million bpd in December, up from 1.88 million bpd in November and the most since ...
Almost every day, an oil tanker arrives off the coast of Guyana to pick up a cargo that could reach a buyer practically anywhere on the planet. The stream of shipments is all the more remarkable ...
December WTI crude oil (CLZ25) on Thursday closed down -0.17 (-0.29%), and December RBOB gasoline (RBZ25) closed up +0.0563 (+2.95%). Crude oil and gasoline prices settled mixed on Thursday, with ...
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By Shadia Nasralla LONDON, Jan 28 (Reuters) - Oil prices hit their highest since late September on Wednesday after a winter ...
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