China Optimism Comes To Fore Again And Boosts Oil By Over 1%
Ship & Bunker
February 20, 2023
Who was cited:
After spending most of last week eclipsed by analytical worries over the notion of central banks hiking interest rates and possibly ruining demand, China - or, specifically, its post-lockdown potential for a huge resurgence in activity and spending - captured the hearts and minds of traders on Monday and caused crude prices to rise over 1 percent.