20 Aug 2024
Furthermore, Chinese refineries significantly reduced crude processing rates last month in response to a slump in fuel demand amid the ongoing decarbonization of the transportation sector that has eroded demand and added to the bearish sentiment in the oil market.
20 Aug 2024
20 Aug 2024
19 Aug 2024
19 Aug 2024
19 Aug 2024
16 Aug 2024
Adding to the bullish sentiment, US economic data released on Tuesday showed a robust performance. Retail sales in July exceeded expectations, indicating strong consumer spending while consumer prices rose moderately during the same period.
