Monday, October 19, 2020

Oil prices little changed ahead of China GDP data

Brent rose 0.2% last week while WTI gained 0.7%, after crude and oil product inventories in the United States, world's top oil consumer, fell last week. However, last week's discussions at a panel of officials from the Organization of the Petroleum Exporting Countries Russia and allies, a group known as OPEC+, showed that the oil market's outlook is gloomier than a month ago.

from Markets-Economic Times https://economictimes.indiatimes.com/markets/commodities/news/oil-prices-little-changed-ahead-of-china-gdp-data/articleshow/78740491.cms

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