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[size=35][size=35]High oil prices and a decrease in US crude stocks[/size]
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2021-03-17 | 03:23
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Oil prices rose, during trading today, Wednesday, after data showed that US crude inventories fell unexpectedly last week.
Brent futures rose 0.54% to $ 68.76 a barrel, by 09:00 local time. [You must be registered and logged in to see this link.], While US West Texas Intermediate crude futures rose 0.60% to $ 65.19 a barrel.
Oil prices have fallen over the past few days, as more European countries halted immunization from Covid-19 due to concerns about potential dangerous side effects that could slow the recovery in fuel demand.
In a research note, ANZ Bank said that while demand is growing in India and the [url=https://www.alsumaria.tv/Entity/45068/%D8%A7%D9%84%D9%88%D9%84%D8%A7%D9%8A%D8%A7%D8%AA %D8%A7%D9%84%D9%85%D8%AA%D8%AD%D8%AF%D8%A9/ar/]United States[/url], it is still weak in Europe, indicating that the consumption of onshore fuel in [You must be registered and logged in to see this link.] decreased 10.8% in February compared to the same period last year. .
In a positive sign, US crude inventories fell 1 million barrels in the week ending March 12, according to trade sources based on data from the American Petroleum Institute. Analysts had expected an increase of three million barrels.
At the same time, gasoline inventories decreased less than expected, down 926,000 barrels, compared to estimates of a decrease of 3 million barrels.
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International
[You must be registered and logged in to see this link.]2021-03-17 | 03:23
[You must be registered and logged in to see this image.]
[/size]
2,793 views
Oil prices rose, during trading today, Wednesday, after data showed that US crude inventories fell unexpectedly last week.
Brent futures rose 0.54% to $ 68.76 a barrel, by 09:00 local time. [You must be registered and logged in to see this link.], While US West Texas Intermediate crude futures rose 0.60% to $ 65.19 a barrel.
Oil prices have fallen over the past few days, as more European countries halted immunization from Covid-19 due to concerns about potential dangerous side effects that could slow the recovery in fuel demand.
In a research note, ANZ Bank said that while demand is growing in India and the [url=https://www.alsumaria.tv/Entity/45068/%D8%A7%D9%84%D9%88%D9%84%D8%A7%D9%8A%D8%A7%D8%AA %D8%A7%D9%84%D9%85%D8%AA%D8%AD%D8%AF%D8%A9/ar/]United States[/url], it is still weak in Europe, indicating that the consumption of onshore fuel in [You must be registered and logged in to see this link.] decreased 10.8% in February compared to the same period last year. .
In a positive sign, US crude inventories fell 1 million barrels in the week ending March 12, according to trade sources based on data from the American Petroleum Institute. Analysts had expected an increase of three million barrels.
At the same time, gasoline inventories decreased less than expected, down 926,000 barrels, compared to estimates of a decrease of 3 million barrels.
[You must be registered and logged in to see this link.]
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