Weak China Demand Hurts Oil, OPEC+ Nears Deal to Postpone Output Increase

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Oil prices edged higher after hitting a 14-month low on weak China demand, as OPEC+ closes in on an agreement to postpone a planned production increase. Bloomberg's Will Kennedy reports.
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Комментарии
Автор

China can “claim” that artificial 5 percent growth, but they can’t lie about international oil production.

LivingWithGout
Автор

sell your oil
the roller coaster is going downhill

mopthermopther
Автор

Nonsense about China
China bought 90% of its oil from Russia - dirt cheap - because Russia cant sell any in Europe - so China weakening has nothing to do with the prize right now.
The US is Drilling and extracting currently more than any other Country ever has. Demand is simply down - that is why prize is Low.
Come Winter, it will most likely change and go Up.

francodenobili