Auto Industry
Reuters
Dec 31, 2022, 4:34 PM
Oil prices settled up by over $2 per barrel on signs of tighter supply, a weaker dollar and optimism over a Chinese demand recovery.
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Reuters | Dec 31, 2022Oil Rises On Hopes For China's Economy; Recession Fears Limit GainsChina, the world's top crude oil importer, is experiencing its first of three expected waves of COVID-19 cases after Beijing relaxed mobility restrictions but said it plans to step up support for the economy in 2023.2 mins read
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Reuters | Dec 31, 2022Oil Prices Slid 2% As Dollar Firms And Central Banks Hike Interest RatesAfter rising for three straight days, Brent futures fell $1.49, or 1.8%, to settle at $81.21 a barrel, while U.S. West Texas Intermediate (WTI) crude fell $1.17, or 1.5%, to settle at $76.11.2 mins read
Reuters | Dec 31, 2022Oil Prices Climb By $2 Amid Forecasts For 2023 Demand UptickBrent crude futures settled up $2.02, or 2.4%, to $82.70 per barrel, while U.S. West Texas Intermediate (WTI) crude futures settled up $1.94 to $77.28.2 mins read
Reuters | Dec 31, 2022Russia Replaces Iraq As Top Oil Supplier To India In NovemberIndia's oil imports from Russia rose for the fifth straight month, totaling 908,000 barrels per day (bpd) in November, up 4% from October, the data showed.2 mins read
