Crude oil started the week down as the latest updates from China, which included a reiteration of Beijing’s commitment to zero Covid tolerance and weaker-than-expected October exports, added to bearish sentiment. Over the weekend, Chinese government officials signaled the government had no intention of changing its approach to Covid containment, which meant large-scale lockdowns will continue in case of infection flare-ups, affecting demand for crude.
Last week, unverified reports on social media said there were signals Beijing may reconsider…Oil Prices Slide As China Reaffirms Covid Containment Strategy
Понравилась статья? Подпишитесь на канал, чтобы быть в курсе самых интересных материалов
Подписаться