26 Sep 2024
On the supply side, domestic crude oil production remained flat at 13.2 million barrels per day during the reporting week. Meanwhile, crude imports increased marginally by 135,000 barrels to 6.5 million barrels per day. Conversely, exports saw a decline of nearly 0.7 million barrels.
26 Sep 2024
26 Sep 2024
25 Sep 2024
Global oil prices surged nearly 2% on Tuesday, 24 September, reaching a three-week high after China unveiled a major monetary stimulus. As the world’s largest crude importer, China’s actions fueled optimism in global markets.
25 Sep 2024
25 Sep 2024
24 Sep 2024
The eurozone's economic outlook worsened unexpectedly this month, as business activity contracted significantly. The services sector stagnated, and the downturn in manufacturing deepened, casting doubt on the region's near-term recovery.
