High Crude Prices Are Here To Stay

Oilprice.com2022-07-25

Both OPEC and U.S. shale producers maintain a cautious approach toward production growth.OPEC+’ very limited spare capacity could further create upward risk for oilSanctions on Russia are unlikely to ...

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Comments

  • Ck8
    2022-07-26
    Ck8
    I pray and hope Ukraine and Russian war will end soon. Everyone is suffering from this war. 
    • DiAngel
      Doubt so as there is no further news about they sitting down for another talk.
    • sadsam
      Yup! The economy outlook is murky with uncertainty in war. The higher living costs......
  • GH_82
    2022-07-26
    GH_82
    Good to know
  • Jontrade
    2022-07-26
    Jontrade
    Noted
  • robot1234
    2022-07-26
    robot1234
    China's oil imports from Saudi Arabia are surging, helping the world's top crude exporter notch its best month since 2020. Bloomberg data shows Saudi Arabia oil exports this month are on track for their highest levels since April 2020. Preliminary numbers through July 18 reveal total observed shipments are headed for 7.7 million barrels a day, up by 1.1 million barrels a day from last month.Flows into China are on track for 1.8 million barrels a day in July, the most in three months.In contrast, Saudi Arabia's crude shipments to top customers like Japan, South Korea and India have been relatively flat. And exports to the US are set to dip by about 333,000 barrels a day, though analysts expect those figures to recover as some tankers have yet to declare their final destinations. N
  • SPOT_ON
    2022-07-26
    SPOT_ON
    Ok
  • Bel8680
    2022-07-25
    Bel8680
    Let see
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