Crude Oil Shrugs off Worries of Chinese Tightening and Rises Above 82 Again
BonTradeCrude oil price recovers after falling to 81.5 earlier in Asia. The benchmark contract rises to 82.2 in European morning despite lack of upbeat data. The OPEC revised slightly upward its forecasts on global oil demand. While supplies for OPEC NGLs and non-conventional oils were revised down, 'call on OPEC' will probably be modestly higher.
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Crude Oil Shrugs off Worries of Chinese Tightening and Rises Above 82 Again
