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Davor Sdn Bhd
Davor Sdn Bhd 1037946-P
Featured Merchant
Business Nature:

Supplier

Related Classifieds:

Lubricants

Oil rises as supply concerns offset weak China data - Davor Sdn Bhd

Oil rises as supply concerns offset weak China data

31-Oct-2023

Oil prices in Asian trade rebounded following a more than 3% drop in the previous session. This rebound was driven by concerns over potential supply disruptions in the Middle East, despite disappointing economic data from China. December Brent crude futures, set to expire on Tuesday, rose by 0.74% to reach .10 a barrel, and the more actively traded January Brent crude futures increased by 0.73% to .98. Meanwhile, U.S. West Texas Intermediate crude also saw a gain, rising by 0.81% to .98. The market's future trajectory depends on developments in the Middle East and concerns over Iranian oil flows and Venezuelan exports.
 
 
 
 
Main Office

Davor Sdn Bhd (1037946-P)
32-G, Jalan Puteri 5/16, Bandar Puteri Puchong, 47100 Puchong, Selangor, Malaysia.

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Website: https://www.oiltech.com.my
Website: https://www.machinerylubricants.com.my
Website: https://oiltech.newpages.com.my/
Website: https://oiltech.n.my/

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