Global oil prices experienced a downward trend in early trading Thursday, with market dynamics shaped by a strengthening U.S. dollar and growing concerns about increased …
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This increase was attributed to growing crude imports and declining exports.
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The implementation of the price cap policy by the US and Western nations in late 2022 has had an impact on the transportation of Russian …
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The shift in market sentiment is also reflected in the actions of hedge funds and other money managers.
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China, the largest importer of crude globally, increased its storage by 700,000 barrels per day (bpd), a substantial quantity that challenges the perception of robust …