Oil Fluctuates as Traders Look to China Shift, OPEC+ Meeting

Oil Fluctuates as Traders Look to China Shift, OPEC+ Meeting

Oil swung between gains and losses amid firmer risk sentiment across markets as traders looked ahead to an OPEC+ meeting that will set supply levels for 2023.

Oil Fluctuates as Traders Look to China Shift, OPEC+ Meeting

(Bloomberg) — Oil fluctuated after a three-day rally as investors assessed more signals China that may be softening its Covid Zero policy and looked ahead to an OPEC+ meeting that will set supply levels for 2023.

Oil rises as traders look at the exchange rate in China and the OPEC meeting

The person responsible for Beijing's strict virus controls softens his stance