Home Business Crude oil prices increase Response to tight market The demand for it is increasing around the world.

Crude oil prices increase Response to tight market The demand for it is increasing around the world.

by news dir

Crude oil prices increase Response to tight oil market conditions and increasing global demand for oil

+ Crude oil prices have risen to their highest level since 2014 as oil supplies remain limited. amid the energy shortage crisis including rising coal and natural gas prices As a result, electric power producers turn to oil instead. amid the colder weather in North Asia

+/- OPEC Plus group maintains oil production It increased oil production by only 400,000 barrels per day in November, although several countries pressured the group to increase production to slow the surge in oil prices. On November 4 to determine the next oil production policy.

The US Petroleum Institute (API) reported that U.S. crude inventories rose by 2.3 million barrels for the week ended Oct.

gasoline price

Increased against Dubai crude oil price after demand in Asia continues to grow Especially from Malaysia, Indonesia and India after starting to ease lockdown measures in many areas. resulting in higher domestic driving

diesel fuel price

Increased against Dubai crude oil price After the demand for diesel in the region has increased from the relaxation of lockdowns in many countries. Amid tight supply during the refinery shutdown

26oct Thai Oil Price Chart

ที่มา: Thai oil

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