China Jitters Set to Snap Oil’s 7-Week Winning Streak

(Reuters) – Oil prices looked set to close down this week following seven weeks of gains, as China’s economic woes eclipse signs of tight supply. The seven-week upswing in prices, galvanised by supply cuts by the Organization of the Petroleum Exporting Countries and allies (OPEC+), was the longest streak for both benchmarks this year. Brent … Read more

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