Oil Prices Start the Week Lower as Concerns About Chinese Demand Grow
Monday, 11 March 2024, 08:24
Overview:
Oil prices commenced the week on a downward trend, reflecting escalating concerns surrounding Chinese demand in the market.
Factors at Play:
- Chinese demand:
- Geopolitical risks:
- Supply cuts:
Despite geopolitical tensions and supply constraints, the dominant influence on market sentiment remains concerns regarding Chinese demand.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.