Bloomberg Television published this video item, entitled “Will a China Recovery Kickstart Oil Demand?” – below is their description.
As the price of crude oil languishes 43% below its January highs, commodity markets are awaiting China’s long overdue economic recovery. China remains the world’s largest importer of crude oil, and many commodity experts were optimistic that the country’s post-Covid 19 recovery would result in a healthy boost to oil demand. Here’s why that’s unlikely to happen anytime soon. Presented by @cmegroup: https://www.cmegroup.com/openmarkets/quicktake-by-bloomberg.html?utm_source=twitter&utm_medium=paid_social&utm_campaign=quicktake_evergreen&utm_content=more_insights
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