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Global Oil Market Weekly Highlights
Global Oil Market Weekly Highlights
FUTURES WEEKLY RECAPS
Petroleum futures prices took back some of previous week's losses as of Oct. 25.
After two weeks of having been unimpressed with economic stimuli announced by China, the bulls took heart from an increase in crude-import quotas issued by Beijing.
October 28, 2024
FUTURES WEEKLY RECAPS
Oil futures sank in week to Oct. 18 amid renewed focus on weak demand.
The market remained in the grip of the opposing forces of a weak demand outlook and concerns of potential supply disruptions.
October 21, 2024