Demand rally afoot
China reopening drives upward oil price trend despite US recession fears
After making a dramatic leap of $2.82 Wednesday Jan. 11 to regain the $80s, Alaska North Slope crude marched $1.96 higher over the next week, from its close of $80.15 per barrel on the 11th to $82.11 Jan. 18.
The gain came despite a daily trading loss on Jan. 18, which saw ANS fall $1.14 to its clos....
[additional news subjects in this story]
China to lead demand recovery
Moody’s calls for volatile Brent in 2023
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