Saudi Aramco sees 'sound' oil outlook in second half of 2023 on China, India demand
Developing countries are driving demand despite recession risks in several OECD states
Source: gulfnews.com
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Saudi Aramco Sees 'Sound' Oil Outlook for H2 on China, India Demand
Saudi Aramco believes market fundamentals remain "sound" for the second half as demand from emerging markets led by China and India will offset recession risk in developed markets, CEO Amin Nasser told an industry gathering on Monday. "Overall, we believe that oil market fundamentals remain generally sound for the rest of the year," said Nasser, who heads the world's largest oil company.
Source: aawsat.com
Saudi Aramco sees 'sound' oil outlook for H2 on China, India demand - Markets
KUALA LUMPUR: Saudi Aramco believes market fundamentals remain “sound” for the second half as demand from emerging...
Source: brecorder.com
Oil Prices Rise Amid Concerns Over Russian Political Instability
Oil prices experienced a nearly 1% increase in choppy trading as investors weighed concerns about global demand growth and potential supply disruptions due to political instability in Russia.
Source: news18.com
Oil Rises on Weaker Dollar
Physical markets and economics, rather than geopolitics, are driving crude at present.
Source: rigzone.com