First Quarter of 2023 in Asia Pacific Crude Oil Prices Online

First Quarter of 2023 in Asia Pacific Crude Oil Prices Online

Del Aire30 June 20231 views
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Description

In North America, crude oil demand remained low throughout the quarter due to the underwhelming outlook on economic activities, despite no significant disturbances in the supply chain. According to the data, WTI Crude Oil Prices declined from USD 79/barrel to USD 74/barrel within the first quarter of 2023. World oil supply improved by 830,000 barrels per day in February, primarily driven by improved demand from the US and Canada after winter storms and other disturbances. However, prices kept their downtrend as Asian players opted for Russian crude, which was available at cheaper rates.nnFor more informationnE-Mail:- sales@chemanalyst.comnwebsites:- https://www.chemanalyst.com/Pricing-data/crude-oil-1093nContact No:- +13322586602

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