Oil Sinks, Gasoline Below $3

Copyright © 2023 Energy Intelligence Group All rights reserved. Unauthorized access or electronic forwarding, even for internal use, is prohibited.
Brent,Crude,Oil.,3d,Illustration,Demand,Supply,Low,Down
Pavel Ignatov/Shutterstock

Oil futures sagged on Monday, with gasoline selling off almost 3.7% and global benchmark Brent dipping below $100 at times amid indications of a slowing economy.

Topics:
Oil Trade, Oil Demand, Oil Futures and Derivatives
Wanda Ad #2 (article footer)
#
Saudi Arabia offered a surprise additional 1 million b/d cut in Vienna this weekend, the only Opec-plus producer to do so.
Sun, Jun 4, 2023
A surge in China's imports of refined products was a major contributor to the increase in China's overall oil demand in April.
Fri, Jun 2, 2023
The world's largest economy keeps shipping ever more crude and refined fuels abroad, and momentum shows no sign of ebbing.
Fri, Jun 2, 2023