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Crude Holds Onto Gains on China Demand Optimism

OIL

Crude holding onto gains from earlier in the day made in reaction to hopes of higher oil demand from China after they eased some covid restrictions.

  • Brent JAN 23 up 2.9% at 96.37$/bbl
  • WTI DEC 22 up 3.5% at 89.47$/bbl
  • WTI-Brent up 0.2$/bbl at -7.73$/bbl
  • Brent JAN 23-FEB 23 up 0.08$/bbl at 1.66$/bbl
  • Brent JUN 23-DEC 23 up 0.35$/bbl at 4.83$/bbl
  • Brent DEC 23-DEC 24 up 0.32$/bbl at 6.01$/bbl
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Crude holding onto gains from earlier in the day made in reaction to hopes of higher oil demand from China after they eased some covid restrictions.

  • Brent JAN 23 up 2.9% at 96.37$/bbl
  • WTI DEC 22 up 3.5% at 89.47$/bbl
  • WTI-Brent up 0.2$/bbl at -7.73$/bbl
  • Brent JAN 23-FEB 23 up 0.08$/bbl at 1.66$/bbl
  • Brent JUN 23-DEC 23 up 0.35$/bbl at 4.83$/bbl
  • Brent DEC 23-DEC 24 up 0.32$/bbl at 6.01$/bbl