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Standard Chartered: Global Oil Demand Hit An All-Time High In August
Home » News » Standard Chartered: Global Oil Demand Hit An All-Time High In August

Standard Chartered: Global Oil Demand Hit An All-Time High In August

Bong Fleishman 24/10/2024 12:19

Momentum in oil markets has continued to skew towards the downside over the past two weeks, with the last 10 trading days seeing front-month Brent record seven lower settlements, eight lower intraday highs and six lower intraday lows. Meanwhile, the 30-day realized annualized Brent volatility soared to an 11-month high of 39.1% at settlement on

OilPrice
Momentum in oil markets has continued to skew towards the downside over the past two weeks, with the last 10 trading days seeing front-month Brent record seven lower settlements, eight lower intraday highs and six lower intraday lows. Meanwhile, the 30-day realized annualized Brent volatility soared to an 11-month high of 39.1% at settlement on 21 October…
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