Oil dips on U.S. crude stock build, supply worries limit losses - Business News| Latest News & Reviews On Financial Markets | Themarkettrendz

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Tuesday, 25 October 2022

Oil dips on U.S. crude stock build, supply worries limit losses

The prospect of a global economic slowdown and tighter monetary policy has been outweighing the spectre of supply reductions in recent weeks," ANZ Research analysts said in a note.U.S. crude inventories rose by about 4.5 million barrels in the week ended Oct. 21, according to market sources citing figures from the American Petroleum Institute, an industry group.

from Commodities-Markets-Economic Times
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1 comment:

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