Crude oil prices retain bullish pulse in 2023 as fundamentals in top gear

AFTER a tumultuous 2022, a period of calm is expected to wash over global crude prices in the coming months of the new year, keeping prices capped after Brent trade ratcheted over $130/b last year.

Crude prices are likely to head north only towards the second half of 2023 as the effects of China’s easing COVID restrictions percolate, while India’s unwavering appetite for Russian crude continues to lend support.

Article type: metered
User Type: anonymous web
User Status:
Campaign ID: 48
Cxense type: NA
User access status: 0
Subscribe now to our Premium Plan for an ad-free and unlimited reading experience!


Next In Business News

Analysts positive on banking sector following BNM's confidence in domestic financial system
FBM KLCI stays in the red at the midday break
PM: Competition should not lead to bifurcation in technological world
China's economy improves in March, will consolidate recovery, says Premier Li
Bintai Kinden’s shares tumble 41% after slipping into PN17
Ringgit opens lower against US dollar
RHB neutral on Coraza Integrated placement
FBM KLCI edges lower despite Wall Street gains
Trading ideas: Kim Loong, MKH, Coraza, Bintai Kinden
Investors seek value in US regional bank shares

Others Also Read