China Crude Comeback Loses Steam as Iran War Enters Eighth Month

China Crude Comeback Loses Steam as Iran War Enters Eighth Month

A nascent recovery in Chinese oil demand has begun to falter, as continued fighting in the Middle East and limited Iranian supply keep crude prices too high for private refiners, prompting some analysts to trim forecasts for the coming months.

A nascent recovery in Chinese oil demand has begun to falter, as continued fighting in the Middle East and limited Iranian supply keep crude prices too high for private refiners, prompting some analysts to trim forecasts for the coming months.
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Bloomberg — Markets (EN)




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