scorecardresearchOil Steadies as Market Tightness Vies With Slowdown Concerns

Oil Steadies as Market Tightness Vies With Slowdown Concerns

Updated: 25 Oct 2022, 08:13 AM IST
TL;DR.
Oil steadied as traders assessed near-term supply tightness in the crude market and broad appetite for risk assets including commodities.
FILE PHOTO: An oil storage tank and crude oil pipeline equipment is seen during a tour by the Department of Energy at the Strategic Petroleum Reserve in Freeport, Texas, U.S. June 9, 2016.  REUTERS/Richard Carson/File Photo

FILE PHOTO: An oil storage tank and crude oil pipeline equipment is seen during a tour by the Department of Energy at the Strategic Petroleum Reserve in Freeport, Texas, U.S. June 9, 2016. REUTERS/Richard Carson/File Photo