Crude oil futures rise in Asia amid ongoing deficit and Africa supply outages

Crude oil futures rise in Asia amid ongoing deficit and Africa supply outages
WESPECH PTE LTD
8 Eu Tong Sen Street #14-94, The Central, Singapore (059818)
+65 315 904 24

29.10.2021

MOSCOW (MRC) -- Crude oil futures inched higher in mid-morning trade in Asia Oct. 29, as bearish pressures from US inventory builds and the resumption of Iranian nuclear talks ran up against the ongoing narrative of a severe oil market deficit, reported S&P Global.Reports of supply disruptions in Africa also provided support to prices.At 10:00 am Singapore time (0200 GMT), the ICE Decembe

Full article at mrcplast.com

Back

news