Crude Oil Price online - PowerPoint PPT Presentation

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Crude Oil Price online

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In July, the global Crude Oil Price was staggering downward amidst the rising inflation and higher rates in the western regions. In the last month, the E.U. decided to put a complete embargo on the imports of Russian Ural Crude, further weakening the market participants' sentiments. Whereas the resurgence of COVID in China, authorities were forced to restrict the 30 million people in six different provinces. – PowerPoint PPT presentation

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Title: Crude Oil Price online


1
Crude Oil Price Trend and Forecast
  • In July, the global Crude Oil market was
    staggering downward amidst the rising inflation
    and higher rates in the western regions. In the
    last month, the E.U. decided to put a complete
    embargo on the imports of Russian Ural Crude,
    further weakening the market participants'
    sentiments. Whereas the resurgence of COVID in
    China, authorities were forced to restrict the 30
    million people in six different provinces. In
    response, the offers for Crude since the start of
    the month have plunged by USD 10 per barrel. In
    addition, several market experts indicated this
    phenomenon as the start of the recession in the
    western markets. As a ripple effect, the
    discussions for the WTI in the U.S. were settled
    at USD 95 per barrel in the second week of July. 
  • https//www.chemanalyst.com/Pricing-data/crude-oil
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2
New Updated Crude Oil Prices Online Market
3
WTI Crude Oil Price Kept on Falling Throughout
The Quarter
  • WTI Crude Oil Price kept on falling throughout
    the quarter, and the overall steep downtrend was
    observed during the last week of September.
    Despite the fact that global crude oil value has
    been slipping, supplies remained tight.
    Consequently, frequent ups and downs and high
    price volatility were observed for the product in
    the global market. Further, crude oil consumption
    remained firm in the Indian market as the
    festivities were about to hit the market.
    Additionally, key players are anxious about the
    crude future, as OPEC might opt for a supply cut
    in the coming weeks.
  • https//www.chemanalyst.com/Pricing-data/crude-oil
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4
Crude Oil Supply in Global Market Online
5
Free Search Crude Oil Pricing online
  • Germany's economy was trying to reduce its
    dependence on Russian energy. However, weeks of
    extremely low water levels on the Rhine disrupted
    logistics and added to Germany's energy headache,
    with the industry temporarily switching to more
    coal and crude oil due to Russia's demand for
    energy imports plummeting. The increase of crude
    oil in the Russian energy scenario is the primary
    reason behind the Crude oil price hike in the
    German market. The price of German crude oil was
    recorded at around USD 99.31/M.T. Crude Oil Brent
    USD/Barrels with an increment of 4.37 on a
    week-on-week basis during the final week of
    August 2022.
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6
Demand of Crude Oil Market Price Online
7
Crude Oil Prices Trend and Forecast
8
Germany's economy was trying to reduce its
dependence on Russian energy
  • However, weeks of extremely low water levels on
    the Rhine disrupted logistics and added to
    Germany's energy headache, with the industry
    temporarily switching to more coal and crude oil
    due to Russia's demand for energy imports
    plummeting. 
  • Global Crude Oil market was staggering downward
    amidst the rising inflation and higher rates in
    the western regions. In the last month, the E.U.
    decided to put a complete embargo on the imports
    of Russian Ural Crude, further weakening the
    market participants' sentiments

9
Free Search Crude Oil Market Price Online
10
The Crude Oil Market in The North American Region
  • The Crude Oil market in the North American region
    observed a significant change in the market
    trajectory amidst the surged inquiries from the
    overseas market. Since the retaliatory sanctions
    imposed by the U.S. and the E.U. on Russia,
    numerous countries that support the sanctions and
    import Crude Oil from Russia have restrategized
    the source of Crude Oil from other sources. As a
    ripple effect, inquiries from Northeast Asia and
    Europe divert to the U.S. domestic market during
    the second quarter of 2022. At the same time,
    several inquiries redirect toward the middle
    eastern region. As a ripple effect, the
    discussions for the WTI Crude soared to
    historical highs and averaged at USD 112.45 per
    barrel during the quarter ending in June 2022. 
  • https//www.chemanalyst.com/Pricing-data/crude-oil
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11
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