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Home > Chemicals Market Price & Insight > Crude oil Market Price & Analysis > Featured News - Crude oil > The market continues to bet on tight global oil supply. European and American crude oil futures rebounded nearly 2% on February 16.
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The market continues to bet on tight global oil supply. European and American crude oil futures rebounded nearly 2% on February 16.

ECHEMI Info 2022-02-17
Despite the easing of the geopolitical situation, the market continued to bet on tight global oil supply. The U.S. EIA Cushing inventory fell to a more than three-year low.

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