News Snapshot:
Oil Dips on China Covid Woes, But Goldman Still Bullish On Market Prospects by Ship & Bunker News Team Friday January 22, 2021 Follow @shipandbunker Meanwhile, Keystone cancellation won't harm oil imports from Canada, say experts: File Image/Pixabay The one-two punch of China 's rising Covid infections possibly impacting demand and an increase in U.S. crude inventories resulted on Friday in a price decline of two key oil benchmarks. Brent dipped 60 cents , or 1.1 percent , to $55.50 per barrel, while West Texas Intermediate fell 86 cents , or 1.6 percent , to $52.27 . U.S. crude inventories...
