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ZODIAC

  1. China is world's biggest importer of crude, so a slower economic activity there affects global demand for fossil fuel
  2. Oil prices fall by more than $3 to their lowest since Russia invaded Ukraine on demand fears
  3. The price swings since the Ukraine conflict began six months ago have rattled hedge funds and speculators and thinned trading
  4. Asked if Norway should continue to drill for oil and gas, Musk said: 'I think some additional exploration is warranted at this time'
  5. Brent crude rose 45 cents, or 0.4%, to $101.67 a barrel by 0630 GMT, while US West Texas Intermediate crude was up 32 cents, or 0.3%, at $95.21 a barrel
  6. Brent falls $1.41 to $93.69 a barrel, after hitting a session high of $95.95; WTI decrease $1.33 to $88.08 a barrel, after rising to $90.65
  7. Data shows China's July refinery output lowest since March 2020; stronger US dollar and low liquidity pressure prices
  8. Highly volatile rupee-dollar exchange rate makes petrol prices’ analysis or comparisons quite difficult
  9. Oil prices have dropped by $30 per barrel from a peak in June due to growing supplies
  10. Oil rise over $1 a barrel after Russia says oil exports to Europe via southern leg of Druzhba pipeline had been suspended
  11. According to sources, the IMF meeting is contingent on assurances of $4.2 billion in funding from friendly countries
  12. High-speed diesel record lowest monthly sales in last 18 years while petrol sales record lowest monthly sales in over 6 years
  13. Brent crude futures rise $1.14 to $106.29 a barrel; US WTI crude futures increase $1.31 to $98.01 a barrel
  14. Biden will hold meetings with Saudi Arabia's King Salman bin Abdulaziz and Crown Prince Mohammed bin Salman
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