Demand rally afoot
China reopening drives upward oil price trend despite US recession fears
Steve Sutherlin Petroleum News
After making a dramatic leap of $2.82 Wednesday Jan. 11 to regain the $80s, Alaska North Slope crude marched $1.96 higher over the next week, from its close of $80.15 per barrel on the 11th to $82.11 Jan. 18.
The gain came despite a daily trading loss on Jan. 18, which saw ANS fall $1.14 to its clos....
[additional news subjects in this story]
China to lead demand recovery Moody’s calls for volatile Brent in 2023
You must be logged in to view this story. Please either log in or subscribe.
Click here to subscribe to Petroleum News for as low as $89 per year.
Subscribers log in here to read the entire newspaper (1998 to 07/13/2023)
|
Petroleum News - Phone: 1-907 522-9469 [email protected] --- https://www.petroleumnews.com --- S U B S C R I B E
|