Traders Are Buying Oil At The Fastest Rate Since 2020 ...Middle East

OILPRICE - Economy
Traders Are Buying Oil At The Fastest Rate Since 2020
After months of skepticism, traders seem to have finally realized that OPEC+ is serious about keeping crude oil supply constrained. Per the latest weekly data from Reuters, as reported by market analyst John Kemp, traders are buying oil at the fastest rate since 2020. And oil prices are on the rise. Of course, OPEC is not the only factor behind the change in sentiment among traders. Refinery disruptions in Russia resulting from Ukrainian drone attacks have also had a lot to do with the growing bullishness on oil markets. Recent reports that…

Hence then, the article about traders are buying oil at the fastest rate since 2020 was published today ( ) and is available on OILPRICE ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( Traders Are Buying Oil At The Fastest Rate Since 2020 )

Apple Storegoogle play

Last updated :

Also on site :



Latest News
before 2 hours & 17 minute