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/PRNewswire/ -- S&P Global Commodity Insights, the leading independent provider of information and benchmark prices for the commodity and energy markets, has...
/PRNewswire/ -- S&P Global Commodity Insights, the leading independent provider of information and benchmark prices for the commodity and energy markets, has...
NEW YORK: Oil rose toward US$122 (RM539) a barrel as investors weighed a tight supply outlook and the impact of China’s eventual return from virus curbs.
Asian import of Russian oil is unlikely to slow immediately following the pledge by the European Union to prohibit EU operators from insuring seaborne transport to third countries, but buyers in the region are already scrambling to make alternative arrangements to sustain purchases after the winding down period. Analysts said while the announcement will prompt ...
OPEC on June 14 said it expects rising demand for its crude oil, forecasting robust global economic growth in the months ahead and projecting for the first time that Russia’s production will fall year on year. In its closely watched monthly oil market report, the producer bloc kept its forecast of world demand steady at ...