Friday , 31 January 2025
Home Forex China’s apparent consumption of crude oil is falling – NAB
Forex

China’s apparent consumption of crude oil is falling – NAB

Crude oil prices trended lower across most of July, and this continued into early August – with benchmark Brent crude dipping below US$80/barrel before a modest rally took it back above this mark, NAB commodity strategists note.

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles

USDCHF sellers lean against target swing area,but sellers have work to do.What to eye now?

The USDCHF experienced a sharp decline on Monday, driven by a stock...

US dollar bounces around on month-end flows

It's an old meme, but a good one.The US dollar rallied earlier...

Canada April-Nov budget balance -22.72 billion vs -19.14 billion a year ago

Canada is running a large fiscal deficit than a year ago and...

ECB’s Villeroy: We should be sustainably around 2% inflation target by summer

Direction of travel is clear, pace is pragmaticECB should exercise agile pragmatism...