FILE PHOTO: A crude oil tanker is seen at Qingdao Port, Shandong province, China, April 21, 2019. REUTERS/Jason Lee
“Signs of weaker demand weighed on the market,” ANZ analysts said, pointing to lockdowns in Hong Kong, China and possibly France as COVID-19 cases rise, restricting business activity and fuel consumption. Last Friday prices came under further pressure after data from the U.S. Energy Information Administration showed U.S. crude inventories surprisingly rose by 4.4 million barrels in the week to Jan. 15, versus expectations for a draw of 1.2 million barrels.
The rig count is expected to rebound further in the weeks ahead as producers maximise output ahead of spring, according to Stephen Schork, editor of oil market newsletter editor The Schork Report.
Common Tesla make your cars cheaper we r tired of paying for gas guzzling American cars 🚙
Biden is now president. He is 'Green deal'... so oil price will go down for sure. He cut Keystone XL already in the first few days in office. That's why I don't have any oil dependent stocks or any energy companies stock at all.
Under dem administration and Middle East cutting back on supply available, price will move up
IN INDIA IT LOOT AS DAILY LOOT ON PETROL GAS BHAIO BEHNO IS VINASH
I started Trading and earning already without stress out For those who are willing to trade but haven't gotten an account manager you can trade with Chris We live in hard times now everyone need to be guilded in all hard times chris_grey2 made this time more easier Trade
Well I don't know where you're from but where I'm from since Joe Biden became president gas increased 50 cents
These look like high heels.
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