Oil stable as OPEC+ quotas offset low Chinese demand

Capt. John

Oil prices were stable on Friday as support from a large cut to the OPEC+ supply target and a weaker dollar were countered by global recession fears and weak oil demand in China. Brent crude futures were down 31 cents, or 0.3%, at $94.26 a barrel at 0924 GMT while U.S. West Texas Intermediate (WTI)...

https://www.hellenicshippingnews.com/oil-stable-as-opec-quotas-offset-low-chinese-demand/

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