Oil prices rebound after OPEC upgrades China demand outlook

Oil prices rebound after OPEC upgrades China demand outlook

TOKYO – Oil prices rebounded more than 1 percent on Wednesday, recovering from the previous day’s plunge, as a stronger OPEC outlook on China’s demand helped offset bearish global investor sentiment in the wake of the recent U.S. bank failures. Brent crude futures climbed 93 cents, or 1.2 percent, to $78.38 a barrel by 0324 […] The post Oil prices rebound after OPEC upgrades China demand outlook appeared first on Inquirer Business.

Oil prices recoup losses after OPEC upgrades China demand outlook

The Organization of the Petroleum Exporting Countries (OPEC on Tuesday further raised its forecast for Chinese oil demand growth in 2023 due to the relaxation of the country's COVID-19 curbs

Oil prices rise as OPEC’s optimistic China demand outlook boosts market sentiment

OPEC says China’s reopening, following lifting pandemic restrictions, will add considerable momentum to global economic growth - Anadolu Agency

Oil prices rebound on improving China outlook after 4% fall

US consumer price index, a key inflation metric, rose 0.4 per cent in February

Oil prices rebound after OPEC upgrades China demand outlook

TOKYO : Oil prices rebounded more than 1 per cent on Wednesday, recovering from the previous day's plunge, as a stronger OPEC outlook on China's demand helped offset bearish global investor sentiment in the wake of the recent U.S. bank failures.Brent crude futures climbed 93 cents, or 1.2 per cent, to $78