CRUDE OIL STEADIES ABOVE USD30 DESPITE RISING INVENTORIES

Crude Oil Steadies Above Usd30 Despite Rising Inventories

Oct 27, 2022Oil settles higher on strong crude demand, easing recession fears · U.S. crude exports surge to record, inventories rise · Recession fears appear (1)

4 days agoOil declined as US crude inventories rose while China struggles to contain rising Covid cases.(2)

Oil Drops as Swelling Covid Cases in China Blunt Demand …

5 days agoOil fell as China’s renewed commitment to strict Covid-19 policies overshadowed a global market backdrop of shrinking fuel inventories.(3)

The influence of OPEC+ on oil prices: a quantitative assessment

and a supply glut emerged, as testified by a persistent increase in oil inventories. In 2016, in an attempt to regain some control over crude prices, (4)

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