Supply Disruptions Boost Bullish Sentiment in Oil Markets ...Middle East

OILPRICE - Economy

A cold snap in the U.S. and continued attacks on ships in the Red Sea have boosted bullish sentiment in oil markets, although increasing product stocks could counter that narrative.Chart of the Week- India’s state-owned refiners are considering resuming imports of Venezuelan barrels after the country’s private refiners started buying last month, with ONGC Videsh waiting for loading dates in February.- An investor in Venezuela since 2008, ONGC Videsh has more than $600 million in dividends due, which it plans to convert into heavy sour…

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Last updated : 16 January 2024 clock 04:08 PM

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Supply Disruptions Boost Bullish Sentiment in Oil Markets ...Middle East

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