April 26, 2022
China And The Oil Markets.
Underscoring our discussion that a drop in demand will naturally lead to a drop in price. Overnight, the futures market, looking at the same data as you and I. Namely that 20% drop in Chinese demand for oil. And predicting that this will continue for a w...
Underscoring our discussion that a drop in demand will naturally lead to a drop in price. Overnight, the futures market, looking at the same data as you and I. Namely that 20% drop in Chinese demand for oil. And predicting that this will continue for a while. The futures markets just dropped the price of oil 5%, over night.
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