Crude oil markets are on up. Prices rose after the US Energy Information Administration (EIA) reported a decline in the US crude oil inventory by 3.1 million barrels for the week to Dec 11. This gave a boost to market sentiments. In the midst of all this, two opposing camps appear endeavouring to sway the market sentiments. Some are beginning …
Read More »Demand revival boosting oil markets
December 20, 2020