Bullish Refinery Data From China Lifts Oil Prices ...Middle East

OILPRICE - Economy
Bullish Refinery Data From China Lifts Oil Prices
source : OILPRICE ( Middle East ) () 39
September West Texas Intermediate (WTI) crude oil futures experienced another volatile week, culminating in a 3% increase to reach a one-week high on Thursday. Several factors contributed to this rise, including a weaker U.S. dollar and a significant surge in refinery runs in China, the world's top crude oil importer. This positive performance helped the market recover from earlier losses, which puts it in a position to end the week on an upward trajectory. Supply and Demand Factors The bullish sentiment in the oil market was supported by multiple…

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