Busba1122
Joined: 29 Apr 2020 Posts: 79 Location: 196/10
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Posted: Fri May 29, 2020 3:45 am Post subject: Oil price trend is not moving. Demand has been reduced from |
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The international market analysis team, PTT Public Company Limited, assesses the world oil price trend to move in a narrow frame, even though the oil producing countries have cut their production down a lot. But the global economy is slowing down Resulting in reduced demand for oil Technically, this week, ICE Brent crude oil price is expected to move around 32.5-38 US dollars per barrel, and NYMEX WTI crude oil is around 30-35.5 US dollars per barrel. Dubai crude oil price will move within 30-35.5 US dollars. Per barrel
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