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Oil futures (WTI) above $80US on reopening for the week - China back from holiday

Oil futures (WTI) above $80US on reopening for the week - China back from holiday

This a Bloomberg (gated) headline after China's week-=long Lunar New Year holiday:

  • China Celebrated Lunar New Year Like COVID No Longer Exists

Main points from the article:

  • More than 300 million trips were made during the holiday, nearly 90% of pre-pandemic levels, according to the Ministry of Culture and Tourism.
  • Tourist spots were swamped
  • movie theaters were packed
  • “Pent-up demand is being released as many people rush to scenic spots... Read More
Posted: Jan 29 2023, 23:29
Author Name: forexlive
Views: 102882

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