IMG.gif

Oil Price Rally Tempered by Profit-Taking

Copyright © 2022 Energy Intelligence Group All rights reserved. Unauthorized access or electronic forwarding, even for internal use, is prohibited.
Oil,Drums,On,Us,Dollars,Background

Oil futures backtracked on Friday but still managed to eke out a fifth straight weekly gain as supply concerns and geopolitical risks paint an increasingly upbeat picture for the first half of 2022.

Topics:
Crude Oil, Diesel/Gasoil, Oil Futures and Derivatives, Oil Prices, Oil Forecasts, Oil Demand, Oil Supply, Supply & Demand
#
Refined product prices have come off their recent highs amid rising refinery output and fears of stagnating demand.
Mon, May 23, 2022
Germany's economy minister appeared to express support on Monday for the idea of capping the prices that buyers pay for Russian oil.
Mon, May 23, 2022
The world economy may be headed toward recession, but oil prices continue to move according to their own logic.
Fri, May 20, 2022