Marketview: Diesel and Dust

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Brent has traded at an average of $93.58 per barrel since the Oct. 5 decision by Opec-plus to cut its headline production by 2 million barrels per day starting in November.

Oil Prices, Oil Products, Crude Oil
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The market seems to think Opec-plus' moves will be drowned out by sluggish demand and rising non-Opec supply.
Tue, Jun 6, 2023
Market sources said a 45¢/bbl increase in Saudi crude prices for Asian customers will further dampen buying interest in the region.
Tue, Jun 6, 2023