News Libya Commodities: The commodities feed: Large US refined product stock build
Published on: Wednesday 12 January 2022
News source: https://www.fxstreet.com/analysis/the-commodities-feed-large-us-refined-product-stock-build-202201131157
The EIA released its weekly inventory report yesterday, which showed that US commercial crude oil inventories declined by 2.14MMbbls over the last reporting week. The draw was driven predominantly by ...
News Libya Commodities: The Bullish Case For Oil Prices In 2022
Published on: Thursday 13 January 2022
News source: https://www.nasdaq.com/articles/the-bullish-case-for-oil-prices-in-2022
A t the start of 2022, Omicron’s surge and record COVID cases in many major economies are combining with an expected oversupply on the oil market to give bears a reason to cheer. Yet, oil prices rose ...
News Libya Commodities: Oil Steady Following Gains Amidst Persistent Demand and Lower Supply
Published on: Thursday 13 January 2022
News source: https://www.rigzone.com/news/wire/oil_steady_following_gains_amidst_persistent_demand_and_lower_supply-13-jan-2022-167583-article/
Strong demand despite the Omicron variant have led to lower supplies that are buttressing oil prices. Oil steadied near a two-month high as demand withstands the omicron variant and supplies come ...