Commercial Crude Drawdown In The Week

Capt. John

Crude oil rose during mid-morning trade in Asia Dec. 29 as the oil complex was buoyed by bullish sentiment across risk assets emanating from US President Donald Trump’s signing of the massive coronavirus relief and spending package, with a weaker dollar also lending market support, says an article published in S&P Global.

Trends

At 10:55 am Singapore time (0255 GMT), the ICE Brent February contract was up 21 cents/b (0.41%) from the Dec. 28 settle to $51.07/b, while the February NYMEX light sweet...

https://mfame.guru/commercial-crude-drawdown-in-the-week/

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