Rising Crude Prices Driven by Supply Constraints and Global Manufacturing Strength

Reported 3 days ago

Crude oil and gasoline prices are climbing, reaching multi-week highs due to tighter supplies and robust global manufacturing activity, which has boosted energy demand. Recent reports indicate falling U.S. crude inventories and an unexpected increase in manufacturing PMI in both the U.S. and Eurozone. However, concerns over increased OPEC production and persistent geopolitical tensions may temper further price gains.

Source: YAHOO

View details

You may also interested in these wikis

Back to all Wikis