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Crude oil markets did rally a bit during the trading session on Tuesday, but they continue to trade in a range overall.

Oil futures get lift on China demand hopes

07:25am, Tuesday, 07'th Feb 2023
Oil futures rose Tuesday, finding support as ongoing hopes a revival in crude demand from China run strong.
The Ceyhan oil-export terminal has been temporarily closed after a powerful earthquake struck Turkey and northern Syria.
Oil futures settled higher on Monday, logging a partial rebound from last week's steep losses. Saudi Arabia unexpectedly lifted most prices for oil that will be shipped to Asia in March, Bloomberg
Natural gas is trying to rebound from multi-month lows.
Crude oil markets have stabilized a bit early on Monday trading, as we have sliced through a triangle in both of these markets, suggesting that perhaps we are simply going to trade in a longer-term ra
Oil prices inched up in early trade on Monday after falling around 8% last week to more than three-week lows as jitters over major economies outweighed signs of a demand recovery in China, the world's
U.S. oil futures settled lower on Friday, hitting their lowest in a month. It was another rough week for oil as “cooling optimism over the demand outlook and rising U.S. stockpiles kept bears in a p
Crude oil markets have fallen rather hard during the trading week, breaking back down after a couple of very quiet weeks.
The crude oil markets have initially tried to rally during the trading session on Friday but have turned around quite drastically the show signs of exhaustion.
Oil futures edged lower Friday, on track for weekly losses, as investors awaited clarity on Chinese demand in the wake of the Lunar New Year holiday.
Oil markets rebound from session lows as traders use the recent pullback as an opportunity to open long positions at current levels.

Oil extends slide after drop to 3-week low

07:45am, Thursday, 02'nd Feb 2023
Oil futures drifted lower early Thursday after the U.S. benchmark ended the previous session at a roughly three-week low following data that showed a continued build in crude inventories.
WTI crude oil is being supported by OPEC+'s decision to roll over an output cut and a weaker U.S. Dollar.
Paul Sankey of Sankey Research says refining margins, which are strong globally, are an indicator of how oil demand is doing.
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