PTT looks at the trend of "oil prices" this week (22-26 July). Investors are worried about the Chinese economic situation.

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oil price

PTT looks at the trend of "oil prices" this week (22-26 July), revealing that crude oil prices decreased last week. Because investors are worried about the Chinese economic situation.

On July 24, 2567, the International Trading Business Unit of PTT Public Company Limited released the oil market situation for the week of July 15-19, 2567, and the oil price outlook for the week of July 22-26, 2567.

It was found that the weekly average oil price Brent crude oil (ICE Brent) fell $0.90 a barrel to $84.28 a barrel. Meanwhile, West Texas (NYMEX WTI) was down $0.44 per barrel at $81.69 per barrel and Dubai was down $1.19 per barrel at $84.31 per barrel.

Meanwhile, refined diesel fell 0.11 dollars per barrel to 97.05 dollars per barrel and gasoline 95 octane decreased 1.49 dollars per barrel to 99.10 dollars per barrel.

oil price

oil price

The price of crude oil decreased as investors were concerned about the Chinese economic situation.

  • China's National Bureau of Statistics (NBS) reported the economic growth rate (GDP) in the second quarter of 2 was +67% from the previous year, lower than the 4.7st quarter of 1 at +67% from the previous year due to the crisis. real estate and domestic demand decreased
  • NBS reports that Chinese refineries imported crude oil for refining (Crude Throughput) in June 67, down 3.7% from the previous year at 14.25 million barrels per day. The lowest since December 66. The July 67 report of the International Energy Agency (IEA) estimated Chinese oil demand in 2567 at 16.9 million barrels per day. (Decreased from the previous estimate of 150,000 barrels per day)
  • US Secretary of State Anthony Blinken said that ceasefire talks between Israel and Hamas are close to being reached. Meanwhile, Israeli Prime Minister Benjamin Netanyahu traveled to Washington DC on 22 July 67 to deliver a speech to the US Congress on 24 July 67.
  • 19 July 67 Israel sends F15 fighter jets to attack the Yemeni port city of Hodeida in response to the Houthi drone attack on Tel Aviv on Friday. Resulting in at least 6 deaths.

 

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