Perception in good occasions drives oil costs up

Axmed

International Courant

Oil costs are at their highest degree since final fall. Analysts consider that costs are decided by a decent market with declining oil provides and excessive demand, and never by conflict and unrest.

Right here, a Russian gasoline warehouse burns close to Sevastopol on the Crimean Peninsula after a Ukrainian drone assault. However commodity analysts consider a majority of these occasions have little impact on oil costs.Photograph: AP/NTB
Perception in good occasions drives oil costs up

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