The 4-hour chart for WTI crude oil shows the price consolidating within a falling wedge pattern around $67. The RSI is also ...
China’s oil demand remains a crucial driver for crude ... of experience in market analysis and trading, specializing in chart patterns and price movement. He is the author of two books on ...
China's oil consumption will rise 1.1% in 2025 to 765 million metric tons amid better than expected economic growth and ...
IS China still the best justification for ongoing crude demand, or the worst? While most of the world remains fixated on the slow-motion car crash in its real estate sector, oil executives seem ...
In addition to the weather, demand in China was also weaker due to lower industrial activity and ample gas in storage. Crude oil imports into China also declined last year, for the first time in ...
China’s pushing its oil refiners to reduce fuel output, raising new questions about demand in the largest importing nation just as the world’s drillers need buyers for the extra barrels they ...
China’s demand for ... lower than the average daily consumption of the three fuels in 2021—but it was marginally higher than 2019 demand levels. Weaker oil imports so far this year seem ...
CHINA’S pushing its oil refiners to reduce fuel output, raising new questions about demand in the largest importing nation just as the world’s drillers need buyers for the extra barrels they are ...