07 Jun 2023
Saudi’s plan to reduce production by 1 million bpd in July does not necessarily guarantee a boost in oil prices due to the various factors that could play into the compromised energy demand
Sources expected the competitive naphtha to enable petrochemical plants here to restore normal operating rates after a prolonged period of squeezed margins.
The 2309 for September 2023 delivery contract on Dalian Commodity Exchange on 07 June 2023 settled as follows:
06 Jun 2023
International benchmarks for crude oil rose on Monday, 5 June 2023 after Saudi Arabia announced the prospect of an additional 1 million barrels per day (bpd) production cut
The 2309 for September 2023 delivery contract on Dalian Commodity Exchange on 06 June 2023 settled as follows:
05 Jun 2023
International benchmarks for crude oil continued to rise on Friday, 2 June 2023 as investors latched on to the optimistic outlook after the US Congress passed the bill to lift the debt ceiling, effectively averting a default.
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