Global supply of oil inches tighter amid Russia's response to the G7 to reduce oil output

Dec 25 2022 by Business Insider

 

Suriyapong Thongsawang

The West Texas Intermediate (WTI) crude ended last week's rally up by 5.46%.  Saudi Arabian stocks climbed on Sunday, the Tadawul All Share Index (TASI), inching 0.2% higher.  The global supply of these commodities is expected to remain tight.

The West Texas Intermediate (WTI) crude, a main benchmark for oil prices, ended last week's rally up by 5.46%. 

In response, Saudi Arabian stocks climbed on Sunday, with the Tadawul All Share Index (TASI), inching 0.2%...

Continue Reading Global supply of oil inches tighter amid Russia's response to the G7 to reduce oil output