24.9 C
New York
Friday, October 7, 2022

Buy now

spot_img

Oil Posts Small Weekly Gain as US Inflation Pressures Markets


While traders assess inflation’s impact on long-term demand, the market for more immediate physical barrels is showing extreme tightness. On Friday, North Sea Forties crude, one of the grades that underpins the global Dated Brent benchmark traded at a premium of more than $4 to its benchmark, the biggest since at least 2008.



Related Articles

Stay Connected

0FansLike
3,518FollowersFollow
0SubscribersSubscribe
- Advertisement -spot_img

Latest Articles