Oil prices remain strong on the back of another sizeable draw of US crude stocks, while outages of some supply capacity are expected to last through the end of the year
Although not rising today, oil prices continue to thrive on the momentum of supply constraints in the US Gulf of Mexico, which was reflected in the large crude inventory draws report of last week. While oil production is slowly returning, there are still prolonged outages that may last into early next year, supporting a bullish […]