Fuel Oil Prices Decline Early Trading on July 28 as Crude Oil Costs Weaken

According to Jin10 Futures, fuel oil prices declined significantly in early trading on July 28 due to falling crude oil costs and unstable market conditions. Downstream traders adopted a cautious purchasing stance amid cost pressures, with the overall trading sentiment remaining subdued. Market participants are expected to shift negotiations lower as they await guidance from major refineries.
Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.
Comment
0/400
No comments