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Oil demand high as prices surge

New evidence of rising global oil consumption emerges as Opec members' failure to increase quotas sends prices up again.

Sections:  news   business   
Topics:  energy   oil   oil cartel   oil prices   opec   supply and demand   
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BING NEWS:
  • Crude Prices End Slightly Lower on Dollar Strength
    WTI crude oil (CLK24) on Tuesday closed down -0.05 (-0.06%), and May RBOB gasoline (RBK24) closed up +3.84 (+1.38%). Crude and gasoline prices on Tuesday settled mixed. Tuesday's rally in the dollar ...
    04/16/2024 - 8:37 am | View Link
  • China’s Crude Oil Imports Hit A Record High in 2023
    China’s crude oil imports hit a record high in 2023, rising by 10% year-over-year and breaking the previous record from 2020 when the world’s top crude oil importer took advantage of the price crash t ...
    04/16/2024 - 5:30 am | View Link
  • Crude oil prices today: WTI prices are down 0.10% today
    WTI futures traded around $85.00 per barrel, as of 9 a.m. ET. That’s an increase of 0.00% in the last 24 hours.
    04/16/2024 - 3:45 am | View Link
  • Oil prices up over escalating Middle East tensions, strong demand indicators in China
    However, uncertainty over timing of US Federal Reserve's (Fed) interest rate cuts limited upward pressure - Anadolu Ajansı ...
    04/15/2024 - 9:58 pm | View Link
  • Oil Prices Rise as China’s Q1 Economic Growth Beats Expectations
    China’s GDP grew at a rate of 5.3% in the first quarter of 2024, beating expectations and adding more upward pressure to oil prices.
    04/15/2024 - 8:31 pm | View Link
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