China Oil demands

Oil Price Dips Amid of China’s Crude Demand In 2023

Oil Price Dips Amid of China’s Crude Demand In 2023

The global oil market noticed a dip in crude oil prices amid the hope of China’s reopening from the economic slowdown. The Asian trade market noticed a 0.4% decline in Brent crude oil, around 36 cents. On the other hand, West Texas Intermediate crude was $76.65 per barrel, which fell 21 cents. As China lifts…