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Signs of stronger oil demand in China, price lower regardless

Signs of stronger oil demand in China, price lower regardless

ANZ with a real quick summary of the push and pull on the oil price:

  • Crude oil gave up early gains to end the session lower as the unemployment data failed to ease concerns about weaker demand in the US. High crude oil inventories in the US have weighed on sentiment. The hawkish commentary from Fed Chair Powell earlier this week added to these c... Read More
Posted: Mar 9 2023, 22:32
Author Name: forexlive
Views: 082118

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