Crude oil futures up in Asia after 3% surge overnight on smaller-than-expected release from strategic petroleum reserves

Crude oil futures up in Asia after 3% surge overnight on smaller-than-expected release from strategic petroleum reserves
WESPECH PTE LTD
8 Eu Tong Sen Street #14-94, The Central, Singapore (059818)
+65 315 904 24

24.11.2021

MOSCOW (MRC) -- Crude oil futures were higher in mid-morning trade in Asia Nov. 24, extending gains of more than 3% overnight, after major oil-consuming economies announced a smaller-than-expected release from their strategic petroleum reserves, reported S&P Global.Some bearish pressures also came from an unexpected build in US crude oil and gasoline inventories last week.At 10:23 am Sing

Full article at mrcplast.com

Back

news