Oil steadies as investors await U.S. Fed Reserve comments - Business News, Finance News, Share Market News - Market trendz

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Wednesday 22 February 2023

Oil steadies as investors await U.S. Fed Reserve comments

Expectations of tighter global supplies and rising demand from China have recently lent support to oil prices. Analysts expect China's oil imports to hit a record high in 2023 to meet increased demand for transportation fuel and as new refineries come on stream.

from Commodities-Markets-Economic Times
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