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OPEC secretary general: China to account for 500-600 bps of new oil demand this year

OPEC secretary general: China to account for 500-600 bps of new oil demand this year

Oil is down $3 today on US dollar strength and Powell but this is a worrisome comment as well. Some market watchers were hoping for as much as 4 mbpd in demand improvement from China this year.

This article was written by Adam Button at www.forexlive.com... Read More
Posted: Mar 7 2023, 20:50
Author Name: forexlive
Views: 102294

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