Prices push higher but uncertainty grows

摘要

Tighter US stocks and increased refnery runs in China ofset a weaker demand outlook and the impending tapering of Opec+ output limits to buoy oil prices. Atlantic basin benchmark North Sea Dated frmed by $1.93/bl to $44.37/bl in the week to 16 July, while Mideast Gulf marker Dubai gained 75c/bl to $43.57/bl. US benchmark August WTI hit a four-month high of more than $41/bl on 15 July before dipping back to $40.75/bl, a rise of $1.13/bl on the week.