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Oil Price - How China Could Spark A Major Reversal For Oil Prices

24-05-2022 03:13

The huge discrepancy between China’s massive economic growth and its minimal oil and gas reserves made it the big global backstop bid for crude oil and many other commodities over the past 20 years or ...

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In push to sell more crude, Nigeria, Saudi Arabia cut oil prices

With the steady flow of light sweet crude from the United States to Europe and COVID lockdowns curbed demand in China, the world's biggest crude importer, ...

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Indonesia to replace cooking oil subsidy with price rules on its raw materials - official

Indonesia will remove its subsidy on bulk cooking oil after May 31 and replace it with a domestic price obligation on the raw materials used to produce it, an official told a parliamentary hearing on ...

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Indonesia to swap subsidy for price caps on raw materials to ensure cooking oil supply

Indonesia, the world's biggest palm oil exporter, will next month remove a subsidy on bulk cooking oil and replace it with a price cap on the raw materials sold to local refiners, a senior official ...

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Oil Prices Rise Amid Tight Market

Oil prices rose in early trade yesterday with US fuel demand, tight supply and a slightly weaker US dollar supporting the marke ...

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