Oil Brief: NY Crude Down 0.2% at About US$70.10
OECD Production of Crude Oil, Natural Gas Liquids and Refinery Feedstocks Rose Slightly YoY in September, IEA Reports
Commodity Roundup: Commerzbank 2025 Copper View; ING Sees Energy Markets Under Pressure
U.S. Crude Oil Stocks Declined by 1.4 Million Barrels in Week Ended Dec. 6, EIA Reports
Crude Oil Price Gains Capped by Weak Demand Outlook, U.S. Inventory Report
The largest Crude Oil Product supply agreement between India and Russia is coming! It is reported that Reliance will purchase 0.5 million barrels of Russian oil daily.
① The Russian state-owned oil company Rosneft is reportedly set to supply nearly 0.5 million barrels of Crude Oil Product per day to India's Reliance Industries; ② This agreement will last for 10 years, with an annual supply accounting for 0.5% of the Global market, valued at 13 billion dollars based on current oil prices. ③ This will be the largest Energy cooperation agreement in the history of India and Russia.
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