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Re: energybuyer post# 48808

Monday, 05/22/2023 11:34:52 PM

Monday, May 22, 2023 11:34:52 PM

Post# of 49425
Asia will lead oil demand growth of around 2 million bpd in the second half of the year, a senior executive at Vitol said, an increase that could potentially lead to a shortage of supply and drive up prices.

Last week, both oil benchmarks gained about 2%, their first weekly rise in five, after wildfires shut in large amounts of crude supply in Alberta, Canada.