Oil Prices May Decline Due to Weak Demand from China

Reported about 5 hours ago

Oil prices are at risk of declining as demand from China falters, according to analyst Stephen Schork. Recent reports suggest a potential ceasefire between Israel and Hezbollah, contributing to a bearish outlook in the oil market. Schork emphasizes that the ongoing issues with China's expected economic growth pose significant risks to oil prices moving lower in the near future.

Source: YAHOO

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