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Lower oil prices on horizon as China enters next phase of Covid crisis | OilPrice.com

Since the late 1990s, China has been the big beast in global oil markets, driving demand for the oil and other commodities it used to fuel double-digit economic growth every year for many years. then high single-digit growth for years. . As recently as 2017, China’s high economic growth rate still allowed it to overtake …

Lower oil prices on horizon as China enters next phase of Covid crisis | OilPrice.com Read More »