Middle East Producers Cautious With Price Hikes Amid Recession Fears
Middle East oil exporters have made only slight upward adjustments to their OSPs in August as they adjust to demand destruction fears
Source: oilprice.com
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Middle East oil exporters have made only slight upward adjustments to their OSPs in August as they adjust to demand destruction fears
Asian buyers have snapped up a huge volume of cheap US oil early in the latest trading cycle for spot…
Asian buyers have snapped up a huge volume of cheap US oil.
Refiners in South Korea and India purchased about 16 million barrels of US crude this month, indicating demand for Middle Eastern energy is falling.
Asian buyers have snapped up a huge volume of cheap US oil.