Bullish Chinese Demand Signals Push Brent Higher

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Oil prices settled mixed on Monday as investors cashed in on a jump to a seven-week high on optimism about a possible recovery in Chinese demand.

Oil Futures and Derivatives, Oil Prices, Oil Demand
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Petroleum futures started February on a bearish note, clobbered by news of a larger-than-expected inventory increase in the US.
Wed, Feb 1, 2023
While market conditions have improved for West African fare in particular, the uptick has been slower than expected.
Thu, Feb 2, 2023
The March Brent contract shed 41¢ and settled at $84.49/bbl on Tuesday, while the front-month WTI March contract gained 97¢ and closed at $78.87/bbl.
Tue, Jan 31, 2023