Bloomberg Television
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Will a China Recovery Kickstart Oil Demand?
Posted
July 5, 2023
Views
2,919
Likes
28
Comments
9
Engagement
1.27%
July 5, 2023
2,919
28
9
1.27%
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1:05Now PlayingAs the price of crude oil languishes 43% below its January highs, commodity markets are awaiting China’s long overdue economic recovery. China remains the world’s largest importer of crude oil, and many commodity experts were optimistic that the country’s postCovid 19 recovery would result in a healthy boost to oil demand. Here’s why that’s unlikely to happen anytime soon. Presented by @cmegroup
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