
home > Oil > Downstream
More Downstream News
Oil up during week ending April 14 as supply fears intensify
- OPEC+ supply policies, including Russia, pose risks for crude oil supplies and support upward price movementsOil up over hopes of further demand rebound in China
- Investors are also awaiting industrial data on crude oil inventories in USUS crude oil inventories down 0.7% for week ending Oct. 28
- Inventories decrease by around 3.1 million to 436.8 million barrels, against market expectation of 6 million-barrel dropOil prices mixed over supply uncertainties
- OPEC+ agreed to cut production by 2 million barrels per day, while US to deliver another 10 million barrels from strategic petroleum reserveUS crude oil inventories up 0.3% for week ending Sept. 16
- Inventories increase by around 1.1 million to 430.8 million barrels against market expectation of 2.32 million-barrel rise
23.09.2022
Downstream
,
Refining/Petro Chemistry
,
Transportation/Fuel Oil
,
Stock Market
,
Americas