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Topic: Oil Prices Appreciate On Tight Supply, U.S Fuel Demand  (Read 709 times)

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Oil Prices Appreciate On Tight Supply, U.S Fuel Demand
« on: May 24, 2022, 07:17:12 PM »
Oil Prices Appreciate On Tight Supply, U.S Fuel Demand

Oil prices climbed yesterday with U.S. fuel demand, tight supply and a slightly weaker U.S. dollar supporting the market. The oil market also reacted positively as Shanghai prepares to reopen after a two-month lockdown fuelled worries about a sharp slowdown in growth. Brent crude futures rose 72 cents to $113.27 a barrel while U.S. West […]

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