UAE Gossip, China Data Send Oil On A Wild Ride

Copyright © 2023 Energy Intelligence Group All rights reserved. Unauthorized access or electronic forwarding, even for internal use, is prohibited.

Oil futures had a whirlwind day to end the week as the market reacted to rumors involving Opec’s membership against a backdrop of economic data in the US and China.

Oil Spot Markets, Crude Oil, Oil Prices, Oil Trade, Opec-Plus Supply
Wanda Ad #2 (article footer)
The US president met with cabinet members Tuesday to hash out priorities on clean energy and infrastructure over the next three months.
Tue, Jun 6, 2023
Nigeria's new president has abolished the country's gasoline subsidy and pledged to end crude swaps used to supply fuel to the domestic market.
Tue, Jun 6, 2023
Opec-plus ministers will meet this weekend to decide if recent price falls warrant further output cuts.
Fri, Jun 2, 2023