oil demand growth

‘Oil prices may see upward trend in 2nd half of year’ – Times of India

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[ad_1] Fatih Birol, executive director of the International Energy Agency (IEA), was in New Delhi for a series of G20 meetings. In an interview to TOI, Birol who is a well-known energy expert, says that China’s economic performance will determine the way oil prices behave. Excerpts:Where do you see oil prices after the latest voluntary … Read more

Oil Prices Tumble as Weak Chinese Data, US Rate Hike Expectations Weigh Down Market

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[ad_1] Last Updated: May 02, 2023, 00:03 IST China’s manufacturing activity unexpectedly fell in April, official data showed on Sunday, the first contraction since December in the manufacturing purchasing managers’ index. (Image: Reuters File) Brent crude fell $1.88, or 2.3%, to $78.45 a barrel by 1:28 pm EDT (1728 GMT). U.S. West Texas Intermediate (WTI) … Read more