Around The Barrel – Crude Oil Builds as Gasoline Demand Hits 3 Month Low with Rising Inflation Bites

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  • #41188
    ClemSnide
    Participant

    I know we have heard it before …

    Iran’s deputy Foreign Minister for Political Affairs and head of the country’s negotiations to reboot the nuclear deal (JCPOA).

    “We shared our proposed ideas, both on substance & form, to pave the way for a swift conclusion of Vienna negotiations which were aimed at fixing the damaging complicated situation caused by the U.S. unilateral & unlawful withdrawal.

    We work closely with our JCPOA partners, in particular the Coordinator, to give another chance to the U.S. to demonstrate good faith & act responsibly. As Iran, we stand ready to conclude the negotiations in a short order, should the other side be ready to do the same.”

    #41076
    TradersCom
    Keymaster

    Oil prices have trended trend down and continued lower after OPEC+ and demand destruction concerns. EIA data shows refinery activity fell o 3-month lo
    [See the full post at: Around The Barrel – Crude Oil Builds as Gasoline Demand Hits 3 Month Low with Rising Inflation Bites]

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