Crude Oil Mar 23 (CL=F)
| Pre. Settlement | N/A |
| Settlement Date | 2023-02-21 |
| Open | 78.45 |
| Bid | 78.55 |
| Last Price | 78.47 |
| Day's Range | 78.27 - 78.62 |
| Volume | |
| Ask | 78.54 |
- Reuters
Oil prices steady amid China demand revival, high U.S. inventories
SINGAPORE (Reuters) -Oil prices were broadly steady on Thursday as the prospect of higher fuel demand in China as it reopens post-COVID curbs was offset by fears that U.S. crude stocks hitting their highest for months may signal weakening demand in the world's no. 1 economy. Brent crude futures gained 1 cent to $85.10 a barrel by 0446 GMT, while U.S. West Texas Intermediate (WTI) crude futures fell 3 cents to $78.44 a barrel. "U.S. crude oil ... inventories have continued to exceed expectations, which to some extent erodes the bullish sentiments brought from China's demand recovery hopes," said analysts from Haitong Futures.
- Bloomberg
China’s Coal Squeeze Puts $2 Billion Chemicals Project on Ice
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