Brent crude oil Archives - McKeany-Flavell

Crude oil over $120 per barrel as China slowly reopens

Crude oil over $120 per barrel as China slowly reopens

Saudi state-run oil company Aramco raised prices to both European and Asian customers this month and signaled that prices could rise further as China slowly relaxes strict COVID lockdowns and reopens its economy, raising its oil demand. New-contract Arab light crude oil prices were [...]

By Jeff Rasinski|June 14, 2022|Categories: Energy, Market Prices, Weather|Tags: Aramco, Brent crude oil, China COVID lockdowns, crude oil prices, Department of Energy (DOE), gas prices, OPEC, Russian invansion, Strategic Petroleum Reserve (SPR)|0 Comments

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