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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 ...
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.
Oil prices edged up on Tuesday as a massive winter storm hit crude production and affected refineries on the U.S. Gulf Coast.
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.
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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Is Now the Right Time to Finally Go Short on Oil Futures? - Behind the façade of calm oil markets, a gradual build-up in speculative positions could be undermining future prices of Brent or WTI as ...
By Shadia Nasralla LONDON, Jan 28 (Reuters) - Oil prices hit their highest since late September on Wednesday after a winter ...
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