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Crude Oil Nov 22 (CL=F)

NY Mercantile - NY Mercantile Delayed price. Currency in USD
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82.79+3.30 (+4.15%)
As of 11:48AM EDT. Market open.
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Pre. SettlementN/A
Settlement date2022-10-20
Open81.02
Bid82.85
Last price79.49
Day's range80.87 - 84.56
Volume198,610
Ask82.86
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  • Bloomberg

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  • Reuters

    China likely to boost oil products exports into early 2023, support economy

    Chinese refiners are likely to boost refined oil products exports in the last two months of 2022 and into early 2023 after receiving the biggest allocation from Beijing this year, trade sources and analysts said on Monday. The increase in Chinese exports is likely to help stabilise global oil markets and partly replace supplies from Russia which will be hit by European Union embargoes in coming months. "A ramp-up in product exports from China will support energy-starved oil markets considerably as there are concerns about an impending EU embargo on Russian supplies," said Sugandha Sachdeva, vice president of commodity and currency research at Religare Broking.